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  1. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate fell to 25.7 percent in January from a downward revised 25.9 percent in December, according to the Hellenic Statistical Agency (ELSTAT). December’s figure is the lowest reading since August 2012. A similar ...

    7%

  2. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    The general government (gg) primary cash balance showed the surplus shrinking by more than two thirds year on year (YoY), landing at 1.02 billion euros in the first two months of 2015 from 3.17 billion in the corresponding period last year, according to...

    7%

  3. Cash primary surplus for Jan-Jul close to 3 bln on improved revenues

    EconomyMacroeconomy

    Greece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...

    7%

  4. Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6, European Commission (EC) figures showed on Thursday. The January figure is the highest reading since May 2015. Since the beginning of the Greek crisis, ES...

    7%

  5. Budget primary surplus of 1.19 bln in Jan markedly better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Invest...

    7%

  6. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    The hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273, the Labour Ministry information system (Ergani) data showed on Monday. Ergani was launched in March 2013 and registers in real time the employment flow i...

    7%

  7. Drop in CPI accelerates to 0.7 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Following a deceleration in the preceding three months, the fall in the Greek Consumer Price Index (CPI) accelerated to 0.7 percent in January from 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data that was published on ...

    7%

  8. Primary cash surplus of 386 mln in Jan from deficit last year

    EconomyMacroeconomy

    Greece’s central government primary cash balance displayed a surplus of 386 million euros in January from deficit of 149 million last year, Bank of Greece (BoG) figures showed on Wednesday. A similar pattern was also evident in the net balance of the ce...

    7%

  9. Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million

    EconomyMacroeconomy

    Greek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday. The net lending flow turned negative again with deductions of 512 million euros in January, afte...

    7%

  10. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed o...

    7%