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  1. 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%
  2. 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%
  3. 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%
  4. 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%
  5. 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%
  6. 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%
  7. 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%
  8. Turnover in services sector improves slightly in Q1 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of the 14 services activities posted a drop in Q1 year-on-year, with the largest fall coming from..., the figures revealed that the largest drop since Q1 2012 came in the cleaning activities sector

    4%
  9. Unemployment rate edges down to 23.3 pct in Q1
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 24.9 percent. This largely reflects a drop in the number of unemployed by 80,400 to 1.11 million.... The breakdown by age revealed a significant drop of 4.6 pp in the jobless rate in the 20-24 years age group

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

    EconomyMacroeconomy

    percentage points (pp) on the back of a drop in the number of unemployed by 92,000, coupled... at a slower rate of 1.6 pp for men and came to 18.2 percent. The most significant drop in unemployment

    4%