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  1. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following... lower than the historic high of 27.5 percent in May this year. Despite an increase in the number..., the unemployment rate has more than doubled from August 2010 figure of 12.8 percent. At the same time

    23%

  2. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    projections are higher than those incorporated in the 2014 draft budget, which saw a primary... flat yoy at 183.1 billion in 2014 from 182.9 billion in 2013. It is noteworthy that the Ministry... for 2013 will be more than offset on an accrual basis with additional revenues of 1.16 billion

    23%

  3. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    . The monthly flow reflects sight additions of 538 million more than offsetting time outflows of 122 million... proprietors remained flat yoy at 13.88 billion with marginal net deductions of 13 million in November. What... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

    23%

  4. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    and net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... revenues remained almost flat year on year at 4.39 billion, falling short of target by 274 million... in January to 2.95 billion euros, 405 million better than the target. Interest payments eased 9.2

    23%

  5. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    in January decelerating from the 3 percent recorded in December. Communication - where prices remained flat.... The headline figure for 2013 was negative at -0.9 percent for the first time after more than 45... demand stemming from the ongoing impact of the austerity measures rather than a rationalisation

    23%

  6. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    Budget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding.... As a result, net revenues remained almost flat year on year at 4.39 billion, falling short of target by 274... better than the target. The sharp drop mainly reflects a drop in grants to social security sector

    23%

  7. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    more than counterbalancing the coincidental inflows of 2.35 billion recorded in December. The monthly negative flow reflects savings and sight outflows of 323 and 269 million respectively more than... net deductions remained almost flat at 314 million from 306 million in January. In particular, housing

    23%

  8. Primary surplus at 2.1 bln in Feb, ahead of budget execution target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five times higher than the 487 million posted in the corresponding period last year, according... at 1.56 billion from just 32 million in January. At the same time, PIB expenditure remained flat

    23%

  9. Greek retail index dropped 4.3 pct in January

    EconomyMacroeconomy

    due to increased sales during the Christmas period more than offsetting the impact from the launch... the drawn-out revival in domestic consumption. The turnover headline index settled 28 percent lower than.... The only exception was evident in November 2013 when it stayed flat year on year (YoY), following

    23%

  10. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    of 2014, three times higher than the 520 million recorded in the corresponding period last year... in the 2-month period. Tax refunds in March remained flat month on month with the 3-month figure at 703... better than target. The high PIB revenues posted in February led the 3-month figure to 2.04 billion

    23%