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  1. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...

    4%
  2. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits la...

    4%
  3. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowe...

    4%
  4. Multi-bill on way as Athens aims to complete third review by Jan 22
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away. Parliamentary sources told the local media on Wednesday that the multi-bill would be submitted to the House ear...

    4%
  5. Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) got off to a positive start in 2018 and rose by 0.6 points to 101.9 in January from an upwardly revised reading of 101.3 in December, European Commission (EC) figures revealed on Tuesday. January’s reading is the highes...

    4%
  6. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 0.2 percent in January, dropping into negative territory from the rise of 0.7 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The latest headline figure is the first negat...

    4%
  7. Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes a small arrears’ repayment of 21 million. The overall cash ...

    4%
  8. Deposits turn negative in Jan with outflows of 1.40 bln

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday. The negative headline figur...

    4%
  9. General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus ​amounted to 1.98 bln in January, up by 621 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin. The largest improvement was noted in the extrabu...

    4%
  10. Industrial production falls by 1.7 pct in Jan
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) declined by 1.7 percent in January after December’s growth was revised up to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. January’s headline figure is the first time since Janua...

    4%