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Unemployment unchanged at 25 pct in July
EconomyMacroeconomyreading this year. Since 2008, the number of employed has fallen by 1.10 million implying a drop... of registered jobless - that receive the monthly benefit of 360 euros – posted a marked drop by 8.9 percent... posted a much slower decline by 0.6 pp to 29.4 percent. The breakdown by age displayed a drop
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyin September was split between a drop in the Emergency Liquidity Assistance (ELA) funding by 1.58...) in exchange for its participation in their first recapitalisation. Following the drop in both and ELA... in September. This is the most marked drop after a sharp upward movement initiated last December amid
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomy2009. The recorded drop over the last six years mainly stems from soaring unemployment rates.... The absolute figure of 13.68 billion in Q2 implies a sharp drop by 27.5 percent over the past six..., albeit at a decelerating pace, by 6.8 percent in Q2 from 13.5 percent in Q1. The drop rate in Q2
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PMI continued improving in Oct but survey data points to economic struggle ahead
EconomyMacroeconomylevels continued falling in October but at the slowest pace over the past four months. The drop continues... of backlog decline was the sharpest over the past three months. In addition, a drop in unfinished work indicates continued spare capacity in the manufacturing sector. A wide drop in new work
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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomy. The drop in Q3 was the first negative reading since Q1 2014. The drop rate in Q3 is also much better than... to ease 1.3 percent and investments to drop 10.2 percent, whilst OECD expects private consumption
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Retail sales fall at slightly slower pace of 3.9 pct in Oct
EconomyMacroeconomydrop and the seventh negative reading in the course of 2015. The downward trend in October retail sales is largely attributed to a double-digit drop in automotive fuel (-17.9 percent) and in retail... (-41.4 percent). On the other side of the spectrum, the lowest drop was evident in automotive fuel
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Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
EconomyMacroeconomya revised 18.8 percent drop in October, Hellenic Statistical Authority (ELSTAT) figures showed...-digit decline. The marked drop in November mostly reflects a similar decrease in manufacturing turnover... a fraction of the overall index. The industrial turnover in the domestic market showed a drop of 8.2
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Investment: The forgotten casualty of the Greek crisis
Agora. The scale and degree of acceleration in the drop of investments during the crisis is apparent when compared... investment spending. Other construction also had a significant drop of 30 percent since its 2003 peak... casualty with a drop of 71 percent since the 2007 high, with just 3.4 billion spent. Its share
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomydecline in January reflects a drop in exports and imports by 8.3 and 7 percent respectively. For exports... percent drop posted in December. Similarly, imports decreased for the ninth successive month, yet the January rate was slightly lower than the 7.9 percent drop recorded in December. In absolute terms
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Current account deficit jumps to 742 mln in January
EconomyMacroeconomyin the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent
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