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  1. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    The seasonally adjusted jobless rate dropped to 26.4 percent in July from a downward revised 26.7 percent in June, according to the Hellenic Statistical Agency (ELSTAT). The August figure is the lowest reading since December 2012. The non-seasonally-adj...

    8%

  2. Greeks exports down by 8.7 pct in September as imports rise by 7.4 pct

    Economy

    Greece’s exports remained on a downward trend for the third straight month in September but the drop accelerated to 8.7 percent, according to the flash estimates of commercial transactions released by Hellenic Statistical Authority (ELSTAT) on Friday. S...

    8%

  3. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    The rate of credit contraction in Greece decelerated to 3.2 percent in October from 3.5 percent in September, according to the Bank of Greece (BoG). This was the lowest negative reading since December 2011. Balances slipped for the fourth successive mon...

    8%

  4. Greek deposits down 0.2 pct in October after seven months of rises
    Photo by MacroPolis

    EconomyMacroeconomy

    Following a rise in the preceding seven months, Greek private sector deposits fell by 0.2 percent month on month (MoM) in October. Balances reached 164.5 billion euros, according to the Bank of Greece (BoG). However, the year on year (YoY) growth rate a...

    8%

  5. Greek unemployment falls for seventh straight month, down to 25.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September, when it fell to 25.7 in September from an upward revised 26 percent in August, according to the Hellenic Statistical Agency (ELSTAT). The September figu...

    8%

  6. Building activity down again in September but at slower rate of -11.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT). The respective surface figure poste...

    8%

  7. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002. The year-to-date (YtD)...

    8%

  8. Greek economic sentiment down in January but consumer confidence rises
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued retreating for the second straight month in January, when it fell by 3.8 points to 95.3 from 99.1 in December, according to the European Commission (EC). January’s figure is the lowest reading since February 2...

    8%

  9. Greek deposits down 4.2 bln in Dec for highest outflows since June 2012

    EconomyMacroeconomy

    Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG). The MoM drop is the highest since June 201...

    8%

  10. Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low

    EconomyMacroeconomy

    After rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit. The headline figure fell to a 15-month low, while it was the seventh sub-50 reading in the last e...

    8%