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  1. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed on Wednesday. As a result of the decline, Central Bank ...

    7%

  2. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    The new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight month and landed at 0.69 percent in January, Bank of Greece (BoG) figures showed on Friday. The January rate is the lowest since 2002, when Greece entered ...

    7%

  3. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening. The improvement fully reflects a substantial rise i...

    7%

  4. Trade deficit soars in Jan on ship imports from non-EU countries
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The sharp rise mainly reflects soaring ship imports from non-EU countries, which caus...

    7%

  5. Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The January headline figure is the third p...

    7%

  6. Current account deficit narrows to 271 mln in Jan
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...

    7%

  7. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...

    7%

  8. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...

    7%

  9. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits la...

    7%

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

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowe...

    7%