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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomypercent month on month (MoM) increase in the number of employed and a 0.9 percent decrease in the number of unemployed. The number of employed showed a positive MoM growth for the fifth straight month, while that of unemployed displayed a MoM decline for the third successive month. The year on year
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Greek jobless rate dips below 26 pct in August for first time in two years
Economyin August is attributed to a 1.6 percent month on month (MoM) decline in the number of unemployed compensated by a 0.4 percent MoM decrease in the number of employed. The number of unemployed posted a MoM contraction above the 1-percent mark for the third straight month, while that of employed
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyDecember 2011. Balances slipped for the fourth successive month by 0.1 percent month on month (MoM... euros MoM to 97.7 billion. Net deductions resumed above the 300-million mark to 355 million, which... remained flat MoM for the third consecutive month at 213 million. After a deceleration in September
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Retail sales down by 2.6 pct in January for third straight monthly decline
EconomyMacroeconomyand 16.9 percent month on month (MoM) respectively. In December, both had risen by 16.6 and 16.9 percent MoM respectively, primarily due to the festive Christmas period. The breakdown by sector showed the highest MoM drop in January was posted by books, stationery and other goods (-36.6 percent) followed
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Rare rebound for retail trade with 2.5 pct rise in May
EconomyMacroeconomy, retail turnover fell by 1.5 percent month on month (MoM) after a rebound in the preceding two months. The highest MoM drop was posted by food, beverages and tobacco (-9.5 percent), books, stationery..., electrical and household equipment increased by 3.9 percent MoM in May, most likely attributed
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Greek unemployment rose to new high of 27.9 pct in June
EconomyMacroeconomyon month (mom) and 3.3pp year on year (yoy) to 27.9 percent in June, which is a new historic high... of employed slipped by 0.1 percent mom and 3.4 percent yoy to 3.63 million, while unemployed continued heading north, surpassing the 1.4 million mark, up 1.5 percent mom and 14.2 percent yoy. The results
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Deposits down for fourth month in a row as tax obligations rise
EconomyMacroeconomyGreek private sector deposits marginally slipped 0.53 percent month on month (mom) in September... and 647 million respectively. In more detail, time deposits eased 1.0 percent mom at 99.06 billion, below... percent mom to 44.13 billion (27 percent of total) with monthly flow turning negative at 268
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Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
Economyfallen by 880,347. The respective figure for unemployed slipped MoM for the fifth straight month... and for 55-64 at 17.6. The MoM change in February showed mixed trends. The area of Epirus-Western Macedonia retains the highest rate at 29.6 percent showing a 0.7 percent MoM rise. The headline figure
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyrefunds) resumed an upward trend, rising by 0.4 percent month on month (MoM) in August after falling... of August from 4.66 billion at the end of July, implying a minor increase of 19 million MoM and 24... was the only on recording a meaningful increase of 54 million MoM. Tax refunds reached 745 million
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomy. The MoM decline by 803 million euros is mainly attributed to lower SSF arrears (down by 484 million... MoM to 324.13 billion at the end of December, reflecting an increase in T-Bills by 1.69 billion... loans increased MoM for the fifth successive month reaching 8.6 billion at the end of December
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