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Unemployment rate edges up to 23.4 pct in August
EconomyMacroeconomyreading for this year as well as since March 2012. The comparison with the previous month shows... remaining stable at 22.6 percent in the previous two months. In the course of August, the number of employed dropped by 20,700 from the previous month to 3.69 million, while that for the unemployed
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomydeductions stood at 308 million euros in October, from 355 million in the previous month and reflect a net... by less than 50 million from the previous month to 93.44 billion. The monthly flow remained volatile with net deductions of 88 million in October from net additions of 25 million in the previous month
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economyvolumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks
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Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
EconomyMacroeconomycompared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet... from the previous month with ELA funding making up around two thirds of the total central bank funding... the previous month. BoG figures also showed that banknotes in circulation edged up by 290 million
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Retail sales rise at an accelerating pace of 1.8 pct in Nov
EconomyMacroeconomyin November, up from the 2.6 percent rise posted in the previous month. The rebound in November sales... stores (-4.4 percent) and automotive fuel (-4.1 percent). Compared with the previous month, retail sales... (MoM) after improving in the previous two months and stood at 71.9 in November, which means
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomyremaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday. This largely... of 158 million recorded in the previous two months. The negative flow in January mostly stems from... turned negative in January after the cumulative additions of 550 million euros in the previous two
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Newsletter 109 - 03/03/2017
remaining stable in the previous month, to land at 92.9. Consumer confidence dropped at a sharp pace... in December after an upward revised increase by 4 percent in the previous month. The decrease... after remaining stable in the previous month, BoG data showed. This resulted from the extended
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyquarter (Q4) of 2016, after downward revised growth of 0.6 percent in the previous quarter... QoQ in Q4 decelerating from the 0.6 percent growth recorded in the previous quarter. Compared... growth of 6.1 percent in the previous quarter, which reflected a low base effect, as Q3 2015 figure
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomystraight month, with the surplus increasing to 1.1 billion in February from 1.02 billion in the previous... by 170 million euros. In the previous month, revenues had outperformed by 347 million. The MoF said... in February to 2.92 billion, which stands 808 million below target. In the previous month, primary
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Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
EconomyMacroeconomyis seasonally higher in Q4 compared to the previous quarter, mainly reflecting the tourism season in Q3... in the previous two quarters. The Q4 figure represents the lowest reading since 2001, from when data... after a short-lived rise to 73.8 percent in the previous quarter. Part-time employment climbed
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