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  1. Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    . The values of 114.4 reported in January and February this year were the highest of the series, but sentiment... even lower than August last year, when the indicator stood at 113.3 points. The index hit its most... under the -32 points seen in August last year. The recovery trend that had started last year reversed

    6%

  2. Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    For the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling... of 25.7 percent compared with December last year. Although contained compared to the 3.29 billion euros of December last year, it is still almost double the figure of 1.5 billion euros of December

    6%

  3. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    accelerated at 2.6 percent year-on-year (YoY), from a 2.3 percent YoY rise in Q3. The quarterly movements... by 0.3 percent YoY, while investments rose by 9 percent. Exports increased by 3.6 percent year-on-year... percent YoY. Nominal GDP in Q4 increased by 5.6 percent YoY and by 2.1 percent QoQ. For the full year

    6%

  4. Greece's building activity continues its nosedive in July

    EconomyMacroeconomy

    Greek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip

    6%

  5. Drop in Greek CPI decelerated to 1.1 pct in September

    EconomyMacroeconomy

    and 3.5 percent respectively, while clothing and footwear prices remained almost flat year on year

    6%

  6. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following... lower than the historic high of 27.5 percent in May this year. Despite an increase in the number... by 17 percent to 3.63 million over this three-year period. Unemployment remains more prominent

    6%

  7. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    attributed to higher interbank lending. Credit contraction The year on year (YoY) credit contraction... net deductions remained almost flat at 314 million from 306 million in January. In particular, housing

    6%

  8. Greek industrial production falls in March after three months of rises

    EconomyMacroeconomy

    by 0.3 percent. The year to date movement follows a decline of 3.3 and 3.6 percent posted...) and intermediate goods (+3.8 percent), posted a rise in the first quarter of the year. On the flipside... remained broadly flat (-0.2 percent). From specific industrial groups, computers, electronic

    6%

  9. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    a primary deficit of 970 million in the corresponding period last year, according to the preliminary... narrowed by 48.3 percent to 1.99 billion euros. The MoF revised the full year estimates according... million in May, after remaining flat for three consecutive months. The significant YoY increase

    6%

  10. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    this year. On the former, the BoG indicates that business confidence has strengthened with firms... to the slight increase compared to last year’s 0.8 percent is the improvement in the services balance... coverage ratio remained flat at 49.3 percent in 2013 from 49.1 percent in 2012. Following

    6%