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Economic sentiment at 90.8 in July, consumer confidence slips
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 3.2 points month-on-month in July to reach 90.8 points, European Commission (EC) figures showed on Thursday. In July, the Employment Expectations Indicator (EEI) for Greece came to 103.7 points compared to 97.6 points in June. Compared to last year, the EEI
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomydatabase for June showed that the employment balance was positive with 37,568 more hirings than firings
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Greece signs EEZ deal with Egypt, aiming to halt Turkey's designs
PoliticsForeign Policypoints – as was the case of the maritime agreement between Greece and Italy (signed last June
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Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
EconomyMacroeconomythan usual activity of hirings during June and July. These extraordinary circumstances led
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Decline in car sales continues with 14 pct YoY fall during July
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time dropped by 14 percent year-on-year in July, following a 24.7 percent drop in June and a sharp decline of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In July 2019, there was a 25.3 percent year
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Construction slides again in May with fall of 8.7 pct YoY in building permits
EconomyMacroeconomyin June. Compared to the same month last year, construction confidence has improved by 16.4 points.
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Bank deposits rise by 3.32 bln in July
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 3.32 billion euros in July, up sharply from inflows of 448 million in June, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 151.50 billion euros, reflecting savings
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Data shows export market shake-up amid pandemic
EconomyFeaturesby 13.4 percent in the first six months according to the Bank of Greece (BoP) data up to June
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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomyGreece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 1.56 billion euros for the month. Imports totalled 4.46 billion euros, showing
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBankingtook place in April and May, while in June only three auctions were completed. Fifty two auctions were
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