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  1. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate fell for the third straight month in April, when it declined to 23.3 percent from a downward revised 23.7 percent in March, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursda...

    7%

  2. Industrial production up again in May with 2.9 pct increase

    EconomyMacroeconomy

    Greece’s industrial production continued its rebound in May, posting an increase of 2.9 percent compared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to ...

    7%

  3. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday. In addition, this ...

    7%

  4. Turnover in services sector worsens again in Q2

    EconomyMacroeconomy

    Most of the turnover indices for the services sector fell year on year in the second quarter (Q2) of 2016, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. In particular, 9 out of the 14 service activities posted a decline in Q2 with ...

    7%

  5. Greek stocks edge down 1.3 pct during week, banks perform poorly again
    Photo via www.helex.com

    Economy

    The Greek stock market fell by 1.3 percent this week, with banks posting notable losses of 7.6 percent for the second successive week Trading activity surged at the close of trading this week for technical reasons caused by rebalancing. Discussions with...

    7%

  6. Greek stocks on the rise again, end week 2.1 pct up
    Photo via www.helex.com

    Economy

    The Greek equity market headed north for the second straight week, rising by 2.1 percent, while banks continued to perform well. The trading activity, albeit improved from the previous week, remained subdued overall. The Eurogroup welcomed on Monday the...

    7%

  7. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    Greece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed at 48.6 in October, which is the lowest reading since May ...

    7%

  8. Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday. The headline figure extended the yea...

    7%

  9. Wages index rises again to reach 91 in Q3, highest since Q4 2012
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rose for the fourth successive quarter in the third quarter (Q3) of 2016, albeit at a slower pace of 1 percent year on year (YoY) from a higher increase of 4.6 percent in Q2, Hellenic Statistical Authority (ELSTA...

    7%

  10. Industrial turnover on downward trend again after 2.8 pct drop in Oct

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry fell by 2.8 percent in October after an upward revised increase of 9.9 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The recorded drop in October compares with a very low readin...

    7%