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  1. Budget primary surplus at 1.97 bln in 2017 on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    basis, the primary balance for December was negative for a second consecutive month and came... million euros. Revenues In December, gross revenues fell by 3.6 percent year-on-year to 5.57 billion... Primary expenditure rose to 5.93 billion in December, representing a fall of 5.5 percent compared

    4%
  2. Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s... for December was the lowest rate of growth recorded for the year, contrasting with February last year where... grew by 0.8 percent, and came to 95.63 for December. The aggregate figure for the year showed

    4%
  3. Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after... on Thursday. In December, a rise of 8,378 people employed was noted versus November. The total... labour force showed a slight decrease month-on-month to 4.7 million in December. The inactive population

    4%
  4. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    is anticipated to fall by 35 percent between December 2017 and December 2019. This will be achieved... (ELA) funding dropped to 5.7 billion at the end of December, while ECB funding fell to 4 billion... billion. Interbank repo balances stood at 1.5 billion in December 2017 compared to 6 billion at the end

    4%
  5. Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December... million euros compared to a positive balance of 868 million euros in December. The corporate lending... in December. The household lending sector’s negative balance grew to -192 million in January from -75

    4%
  6. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate continued its downward path in December... previously, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. In December 2017... stood at 851,556 in December, the lowest unemployed count since June 2011 when the figure came

    4%
  7. A snapshot of the Greek economy

    Agora

    for a job came to 11,810 or 6.51 percent less than those in December 2018, and 19,465 or 10.3 percent... to 0.5 percent (annual basis) compared to 0.6 percent in December 2018 and 0.2percent January 2018... with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit

    4%
  8. Economic sentiment rises to 109.5 in Dec, hitting 12-year high
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 2.5 points in December to reach 109.5 points, European... 2007, when the index came to 110.3 points. Compared to December 2018, the ESI has increased by 8.6...-on-month and came to -6.2 in December. Compared to December 2018, consumer confidence has shown

    4%
  9. Newsletter 234 -10/01/2020

    Newsletters

    sentiment (ESI) rose by 2.5 points in December to reach 109.5 points, European Commission (EC... stood at 110.3 points. Compared to December 2018, the ESI has increased by 8.6 points, beating an EU... to -6.2 in December. Compared to December 2018, consumer confidence has shown an improvement of 24.8

    4%
  10. Newsletter 239 -14/02/2020

    Newsletters

    -on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from... categories showed a rise of 1.03 billion month-on-month in December, bringing the total to 7.50... in December. Effective new tax debt for the month increased by 1.03 billion euros with total new

    4%