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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomyindicator edged down 0.1 points to -3.2 in January after a nosedive of 6.6 points recorded in December...). On the flipside, two indicators are down in the past 12 months, namely construction confidence (-7.8 points
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... households and corporates led the weighted average rate on all new deposits down by 3 bps to 0.32 percent
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Space and time the missing elements in Greek bailout talks
Agoraof kicking the can down the road was available. The problem now is that everyone is running out... to bring the overall load, as well as Greece’s gross funding needs back down to manageable levels. Again
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Newsletter 106 - 10/02/2017
, the number of bank branches fell by 42.6 percent, to reach 2,343 by June 2016, down from the 4,079 in late... and mining and quarrying were up, while manufacturing and water production were down. Trade deficit
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Industrial turnover soars 13.5 pct in December, drops 5.1 pct in 2016
EconomyMacroeconomydown 5.1 percent for the whole year. The strong rebound in December fully reflects a sharp rise... for the eurozone countries edged down 0.7 percent. Three of the five main industrial groupings posted
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomybetween 250,000 and 1 million euros edged down 5 bps to 5.01 percent. Following the slight changes... proprietors edged down 5 bps to 7.29 percent. The combined impact of those changes resulted
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomypercent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6... QoQ and by 1.6 percent YoY, while imports of services edged down 0.3 percent QoQ and grew by 8.6
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomy) unemployment edged down to 23.6 percent in December, after a spike to 23.8 percent in November... and 22.6 percent respectively. In contrast, the OECD estimates the unemployment rate will edge down
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Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
EconomyMacroeconomyis down 2.5 percent over the trailing 12 months. The ongoing upswing in January mostly reflects a solid... indicator published by the European Commission edged down 0.1, after rising in the previous two
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What Dijsselbloem didn't say
Agoracomment was misunderstood and put his comments down to “Dutch directness” and a strict Calvinistic culture... to prevent a potentially devastating crisis dragging down their banks, which had lent freely
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