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  1. Current account deficit improves significantly, reaching 6.62 bln up to Aug
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account recorded a surplus of 1.1 billion euros in August, from a surplus of 938.4.... Total imports came to 5.48 billion euros in August, from 6.29 billion last year. At the same time, total... in August 2024. The total services balance was 4.43 billion euros, from 4.33 billion last year. During

    5%

  2. Current account deficit improves significantly in 9M, falling to 7 bln
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 1.1 billion euros in August, Bank of Greece (BoG) data released on Thursday showed. In September..., from 3.14 billion euros in the same month last year. Total imports came to 6.89 billion euros in September, from 7.18 billion last year. At the same time, total exports came to 4.15 billion euros, from

    5%

  3. Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
    Photo by MacroPolis

    EconomyMacroeconomy

    to the tourism sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total... employed amounted to 4.31 million in Q4, decreasing by 1.1 percent compared to the previous quarter... percent of the total unemployed. Alarmingly, the largest portion, 100,100, has not worked for more than

    5%

  4. Unemployment jumps to 10.6 pct in Q1 - highest in two years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    peak in Q3 each year and the build-up in hiring for the high season in Q2. A total of 508,401 people... unemployed (more than 1 year) came to 248,900 people, representing 49 percent of the total unemployed. Alarmingly, the largest portion, 114,400, has not worked for more than four years, rising by 1.1 percent

    5%

  5. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    measures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74... and tourism, which account for 2/3 of total exports, have significantly lagged other countries... and restructured loans at 40 percent of total loans by the end of 2013. The coverage ratio (cash

    5%

  6. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... to the same period of 2013. Last year closed with total arrivals of 17.9 million or 20.1 million if cruise ships are included. Including cruise passengers, the total number of visitors for 2014 is expected

    5%

  7. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between... is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after

    5%

  8. Newsletter 31 - 19/06/2015

    Newsletters

    moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., corresponding to 42.3 percent of the total outflow. Management at the country’s banks also indicated... for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent

    5%

  9. Newsletter 40 - 28/08/2015

    Newsletters

    December, total outflows reached 44.42 billion euros, more than 27 percent of the total deposits balance... consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent and a fall in imports

    5%

  10. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    by 1.7 pp to 23.8 percent, while the next age group (45-64) posted a lower decrease by 1.1 pp to 18.8..., the percentage of long-term unemployed to total jobless rose to 73.1 percent after easing to 71.6 percent in Q1. Part time employment slipped to 9.5 percent of total employed with 68 percent of part timers

    5%