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  1. Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
    Photo by Harry van Versendaal

    Economy

    . The monthly movement reflects a higher drop in the number of unemployed compared to that of employed. After... showing a MoM drop of 1.4 percent. The average unemployment rate stood at 27.3 percent in 2013

    4%

  2. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    percent reduction in operating expenses, a 29 percent drop in impairment losses as well as elimination... funding facility to the Greek farmers (loans are disbursed in Q4 and repaid in Q1), the respective drop

    4%

  3. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    containment and a double-digit QoQ drop in loan provisions. Most of these trends are broadly expected... to continue showing a double-digit drop in the coming quarters. Although these positive trends

    4%

  4. Unemployment rate edges down for sixth straight month to 26.8 pct in March

    EconomyMacroeconomy

    . The YoY drop in the number of employed further decelerated to 0.3 percent in March, the slowest rate since... the 25-percent mark. The European Commission and the International Monetary Fund both estimate a drop

    4%

  5. Greek Q1 unemployment remains at record quarterly high of 27.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    deterioration year on year (YoY) in Q1 unemployment reflects a drop in the number of employed by 0.6... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities

    4%

  6. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    1.31 billion, the underlying figure stands at 16.82 billion, implying a 1.2 percent drop... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81

    4%

  7. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    of Greece (BoG). Although the YoY drop is the slowest since April 2013, the monthly net deductions.... Despite the rise in corporate lending net deductions to 801 million euros in May, the rate of drop

    4%

  8. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    of May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding... a decrease of ECB funding by 18.27 billion and ELA funding by 9.79 billion. The year to date drop is mostly

    4%

  9. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    goods. The rate of drop in July new orders was faster than that observed in June, mainly reflecting... rate. Buying levels were also down pointing to the first drop over the past 3 months. Stocks

    4%

  10. BoG charts how crisis has affected private sector employment

    Economy

    employment at 0.1 percent. In addition, this positive trend was reversed in April, which recorded a drop... for men in 2004-2011) and a similar drop in the January 2012 – November 2013 period, at -12.8 percent

    4%