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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomydeterioration 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
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomy1.31 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
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomyof 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
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyof 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
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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomygoods. 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
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BoG charts how crisis has affected private sector employment
Economyemployment 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
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Sudden spurt for Greek exports, which rose by 11.3 pct in June
EconomyMacroeconomyThe rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic.... Excluding the impact of oil products, exports eased by 0.9 percent. This stemmed from a drop in exports
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomyThe rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5 percent in June, according to the Bank of Greece (BoG). Balances fell to 213.86 billion euros... million in June. Corporate lending balances further eased to 101.2 billion euros in July. The rate of drop
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Small but rare rise of 0.4 pct for Greek retail turnover in June
EconomyMacroeconomy). Retail volume showed a higher increase at 3.8 percent in June from a drop of 3.6 percent recorded in May... the first half figures, which showed the drop in 6-month retail turnover decelerated to 2.2 percent from
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingfunding cost, also involving a 26 bps drop in time deposit rates, and higher loan NII. June time... operations. The quarterly movement reflects a drop in savings and sight deposits by 5.1 and 2.3 percent
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