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Greek industrial production drops for eighth straight month but at slower rate
EconomyMacroeconomyin October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop... for the 10-month period displayed the drop in industrial production slightly decelerated to 3.1 percent, from 3.4 percent in the 9-month period, mainly reflecting a continued double-digit drop in electricity
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Greek trade deficit drops by larger rate of 27.2 pct in Feb
EconomyMacroeconomyattributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent
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Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
EconomyMacroeconomypercent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomya higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyoffset a drop in the services surplus by 124 million. The breakdown showed the decline in the goods... slightly improved. Meanwhile, the drop in the services’ surplus is mostly attributed to a sharp decline.... The year-on-year improvement in Q1 stems from a notable drop in the goods’ deficit by 870 million
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ATHEX net profits down 54 percent in Q1 2016
Economyunease that caused a 57 percent drop in net consolidated profits compared to 2014. The turnover... the drop in the group’s consolidated revenue were cited as the drop in both trading activity... 20 percent drop). Market liquidity, as measured by turnover velocity, went down to 45.8 percent
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyfor Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new order intakes, a drop in output and job shedding. In specific, the survey showed that the rate of drop... sector started to shed jobs after creating them in the two previous months. The drop in the workforce
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Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyon year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT... percent, followed by consumer non-durables with an 8.6 percent drop. Capital goods broke the trend...-domestic market that saw a decline of 12.7 percent, while the domestic market drop was 7 percent
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomy. The drop in the domestic market was driven by mining and quarrying turnover dropping by 12.4 percent while manufacturing fell by 1.2 percent. In the non-domestic market, the drop in turnover was led... fell to 7.9 percent. The monthly movements in mining were led by the sharp drop of 61 percent in coal
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Company closures dropped sharply during the pandemic
EconomyFeaturesin the jobs market, where monthly figures from the Labour Ministry’s Ergani database show a huge drop in both... in the number of closures to 158. The biggest drop was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent. There were
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