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  1. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts dropped for the second successive month in October, when they fell by 4.1 percent following a 5.4 percent decline in September, Bank of Greece (BoG) data displayed on Tuesday. In absolute terms, travel receipts settled at 960.8 million euros in October, while

    79%

  2. Deposit flow remains negative for the second straight month with outflows of 390 mln in November

    EconomyMacroeconomy

    The Greek banking system recorded deposit outflows for the second successive month of 390 million in November from 681 million in October, Bank of Greece (BoG) figures displayed on Wednesday. As a result, the negative flow in the last two months more than offset the inflows in the preceding two

    79%

  3. Deposit outflows for second straight month in February, at 548 mln

    EconomyMacroeconomy

    Greek private sector deposits headed south for the second straight month in February, with outflows easing to 548 million euros from 1.12 billion in January, Bank of Greece (BoG) data showed on Tuesday. The outstanding deposit balance slipped to 121.69 billion euros in February, 1.7 billion lower

    79%

  4. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    The Greek stock market headed north for the second straight week rising by 2.6 percent from 1.5 percent in the previous week amid increased optimism that an agreement with institutions on the first programme review would be reached in the next few weeks. The mission chiefs are expected to resume

    79%

  5. Marginal deposit flow in April for second straight month

    EconomyMacroeconomy

    Greek private sector deposit flow remained minimal for the second straight month with the system recording outflows of just 40 million in April from inflows of 55 million in March, Bank of Greece (BoG) data showed on Tuesday. The outstanding deposit balance slipped for the fourth successive month

    79%

  6. OECD sees economy picking up from second half of 2016, underlines need for reforms

    EconomyMacroeconomy

    In its latest economic outlook published on Wednesday, the OECD says it expects the Greek economy to recover in the second half of 2016. The Paris-based think-tank also stresses the need for full implementation of structural reforms incorporated in the third bailout programme to boost productivity

    79%

  7. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greece’s trade deficit continued heading north for the second straight month, albeit at a slower pace, increasing by 12.5 percent in May after a 21 percent rise in April, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The headline figure for May is the third positive reading so

    79%

  8. Over 26 pct of young Greeks out of education, training and work - second highest in EU
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Greece has the second highest share in the European Union of NEETs – young people aged 20-24 who are neither in employment nor in education or training – and also saw its proportion of NEETs jump by 9.3 percentage points over a decade, data from Eurostat shows. Just over one in four (26.1 percent

    79%

  9. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July, when it fell to 23.2 percent from 23.4 percent in June, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The latest headline figure is the lowest unemployment

    79%

  10. Revenues beat target for second straight month in Oct with 739 mln over-performance

    EconomyMacroeconomy

    Greek budget revenues beat their target comfortably for the second successive month in October, according to General Secretariat of Public Revenues (GSPR) figures provided by the Finance Ministry (MoF) on Thursday. Specifically, revenues (before tax refunds) stood at 5.01 billion euros in October

    79%