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  1. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    mark for the second consecutive month. On the corporate front, outstanding lending balances retreated

    3%
  2. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    and the unemployed, dropped again below the 5-million mark as the inactive population increased again to 3.36

    3%
  3. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    amount passed the 100-billion-euro mark for the first time in February 2012 and remained steadily

    3%
  4. Greece sees Manufacturing PMI move into growth for first time since August 2009

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 1.6 points for the third consecutive month in January reaching 51.2 points from 49.6 in December, according to Markit. More significantly, though, the headline figure surpassed the 50-point mark, which distinguishes growth from contraction, for the first time

    3%
  5. Despite payment of some arrears, total reached 4.6 bln at end of 2013

    EconomyMacroeconomy

    (under EAP) will be a “welcome surprise,” rising well above the 1-billion-euro mark. The stock

    3%
  6. Unemployment at new high of 28 pct in Nov, jobless up by 169 pct in four years

    EconomyMacroeconomy

    the 5-million mark for the third straight month as the inactive population increased again to 3.38 million

    3%
  7. Industrial turnover and new orders indices post big drops for December

    EconomyMacroeconomy

    to five-and-a-half years in January, and perhaps more importantly above the 50.0 mark

    3%
  8. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led by output and new orders. As Markit points out

    3%
  9. Greek jobless rate dips to 27.5 pct in Dec but inactive population growing

    Economy

    has surged 159 percent. Labour force participation persistently remained below the 5-million mark

    3%
  10. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    to liquidity. The ELA funding passed the 100-billion-euro mark for the first time in February 2012

    3%