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Turnover in services sector shows deteriorations in Q1 2018
EconomyMacroeconomy. Specifically, seven of the 15 services posted a drop in the current quarter compared to declines in five... are not seasonally adjusted. Over the last five years, the figures revealed that the largest drop since Q1 2013 came
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyin 2018 with negative readings of -0.2 percent in January and March, with January’s drop being... and services (-0.8 percent) The month-on-month drop of 0.3 percent is attributed mainly
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomycontinued to fall. There were 13,232 fewer unemployed people in July compared to June, a drop of 1.5.... Broken down by age group, the largest annual drop was seen in the 55-64 years age group, where the rate
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Child poverty rate in Greece triples in a decade, OECD study finds
Societyincome drop was greatest for Greece, where it fell by 50 percent due to high unemployment. Eighty... OECD rate would drop from 11 percent to 5.4 percent. In Greece, the simulation for a scenario where
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomyin August compared to July, a drop of 0.9 percent. Compared to August last year, the number of those... percent, declining by 2.4 pps year-on-year. Broken down by age group, the largest annual drop was seen
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Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
EconomyMacroeconomyfewer unemployed people in September versus August, a drop of 1.1 percent. Compared to September... by age group, the largest annual drop was seen in the 15-24 years age group, where the rate fell
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Second post-MoU review hinges on NPL plan and protection for primary residences
EconomyProgrammeto drop the discount at the end of the year but went back on its word. The same report suggested... will not drop significantly from the current threshold, so that properties worth 200,000 euros or below
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Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeatureswedge of 37.9 percent in 2018 compared to an OECD average of 26.6 percent. This represents a drop... that between 2000 and 2018, the tax wedge rose by 2.1 pps compared to an OECD average drop of 1.3 pps
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingand restructuring costs points to a drop in profits of 5.9 percent QoQ. Core pre-provision profit (PPI... 67.6 percent in the previous quarter. The drop in NPL formation was driven by drops in three out
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The main economic challenges that will define the Mitsotakis reign
Agorarecently seen its bond yields drop, with the 10-year falling below 2 percent. To top it all, debt... into the composition of investment spending shows that the precipitous drop is due to property construction, while
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