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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening
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Newsletter 39 - 21/08/2015
on year (YoY), falling to 1 billion euros from 1.25 billion in 2014. The YoY deterioration mainly
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Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
EconomyMacroeconomybefore. The revision is based on: 1) The calculation of the wages index according to a fixed base
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Labour cost fall has not produced jobs, bemoans GSEE in study
Societypercent of part-time work was involuntary. It also noted that of the 1 million jobs lost during
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomy-negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyconsumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1
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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomythat of females displayed a slower drop by around 1 pp to 29.5 percent. Similarly to the previous
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Amid talk of post-election alliances, parties propose changes to bailout measures
PoliticsGreek Politics, PASOK leader Fofi Gennimata set out the five following demands: 1) No freeing up of mass
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Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
EconomyMacroeconomyand 22.8 percent last year. The number of ‘long-term’ (more than 1 year) unemployed fell well below
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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek Politicsdifference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1
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