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  1. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell again in May for the 11th successive month, declining by 3.86 billion euros after a 1.88 billion drop in April, Bank of Greece's (BoG) monthly financial statement... reading since January 2015. The recorded drop in Central Bank funding in May almost equally reflects

    4%

  2. Turnover in services sector deteriorates in Q1

    EconomyMacroeconomy

    out of the 14 services activities recorded a drop in Q1 with the most remarkable decreases... displayed a sharp drop quarter on quarter (QoQ) with the most notable nosedives in architectural

    4%

  3. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    largely stems from a drop in the goods’ deficit by 276 million coupled with an increase in the primary... change. Similarly to the April performance, the drop in the services’ surplus is mostly due

    4%

  4. PMI falls back into contraction territory in July, landing at 48.7 pts

    EconomyMacroeconomy

    drop in new orders. New orders have been falling for 23 months while the drop in business

    4%

  5. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    Greek building permits strongly rebounded by 35.4 percent in July, after a drop of 21.7 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure for July... a notable deterioration by 7 points to -59.5 in September extending the year to date drop to 10.4

    4%

  6. Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    to an increase in the number of employed by 50,300 coupled with a drop in the jobless number by 80,700... decline to 22.1 percent in the previous month. The upward trend largely reflects a notable drop

    4%

  7. Industrial turnover rebounds 2 pct in November

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday... by a drop for non-euro area countries by 3.6 percent. Three of the five main industrial groupings recorded

    4%

  8. Turnover indices in most service activities deteriorate in Q4

    EconomyMacroeconomy

    The majority of the turnover indices for the services sector recorded a drop in the fourth quarter (Q4) of 2016, after a rebound in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. Specifically, 11 out of the 14 services activities posted a drop in Q4

    4%

  9. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    was reduced for the third successive quarter by 900 million QoQ bringing the cumulative drop in the NPE.... A higher QoQ drop was posted in the Greek ratio, which declined to 33.8 percent from 35.4 percent

    4%

  10. Unemployment rate falls to new five-year low of 22.5 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) on the back of a drop in the number of unemployed by 74,500, coupled with an increase in the number... that for men fell at a slower pace by 0.9 pp to 19.1 percent. The most notable drop of 3.4 pp

    4%