Search
-
Greek jobless rate dips to 27.5 pct in Dec but inactive population growing
EconomyThe seasonally adjusted jobless rate slightly eased to 27.5 percent in December from a downwards... decelerated in December with the absolute figure slipping to 3.55 million from 3.56 million in November. The number of employed has recorded a 20.3 percent drop compared to December 2009. At the same
4% -
Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeby the December 8 Eurogroup will be missed and decisions may be taken either at an extraordinary Eurogroup on December 15 or at the European Council on December 18. This is the final deadline for this year... Germany’s, which is scheduled to close on December 20. Kathimerini reports there is an option
4% -
Eurogroup agrees two-month extension for Greek bailout but political developments to dominate
EconomyProgrammeextension for a few weeks. The Eurogroup also asked from the troika to prepare by December 9 a factual... PM Evangelos Venizelos is due to meet the German Finance Minister Wolfgang Schaeuble on December 10, while an extraordinary Eurogroup may be held on December 15. All this, though, will be dependent
4% -
Papandreou's bid for new role in Greek politics far from simple task
PoliticsGreek Politicsnewspaper on December 11 suggested that 6 percent of Greeks would consider voting for a party led... ton Syntakton daily on December 17 put support for Papandreou’s party at just 0.5 percent. A poll by University of Macedonia for Kathimerini on December 21 that just 2.5 percent of voters view
4% -
Almost 50 pct rise for new unpaid taxes in 2014 as overall total rises to 73.8 bln
EconomyMacroeconomyGreece’s new unpaid taxes slowed to 1.27 billion euros in December from 1.59 billion in November.... December’s figure is the fourth highest reading in 2014 with the peak recorded in November. Furthermore... of 2013) slipped to 60.02 billion at the end of December from 60.28 billion at the end of November
4% -
The state of play with Greek banks' liquidity
Economybillion euros in December, fully attributed to time outflows of 6.2 billion mostly due... inflows of 1 billion each in December. Banking sources indicate that withdrawals accelerated... amounted to 9.2 billion. At the end of December, deposit balances stood at 160.3 billion euros
4% -
Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomybillion in December. The January figure is the highest negative reading since 2002, when Greece entered... the beginning of December, amid increased political uncertainty and fears of Grexit which seriously harmed depositor sentiment. The breakdown for the two-month period (December and January) showed they were
4% -
Newsletter 18 - 06/03/2015
the rollover concerns funds placed in December, when foreign investors were no longer taking up Greek T-Bills. Thus, Greek banks, which had taken up the bulk of those T-Bill issues in December... rate increased slightly in December, marking the first rise since September 2013. The rate went up from
4% -
Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomyrevised 25.9 percent in December, according to the Hellenic Statistical Agency (ELSTAT). December’s... percentage point to 26.8 percent in December. The monthly change in January’s SA jobless rate mainly... of employed for the second successive month to 1.1 percent in January from 1.5 percent in December
4% -
June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyare the third biggest since last December, following the 12.8 billion euros in January and the 7.63... figures for the 7-month period (December – June) showed total outflows reached 42.91 billion... 90 percent of the outflows since December were from time deposits (38.28 billion) followed by sight
4%