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  1. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ) figures showed on Thursday. The latest figure reverses the fall of the previous quarter, which had... with a fall in those employed by 87,372 to 3.7 million. The previous quarter had marked the first

    6%

  2. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros..., a fall of 15.6 percent was noted (50.8 million euros). For countries within the EU but not euro

    6%

  3. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In total, a 6.3 percent fall in expenditure was noted, coming to 7.25 billion or 112 million lower than the target. This was mainly driven by a fall in grants to hospitals and YPE-PEDY by 147 million

    6%

  4. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    , the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37.... The majority of this fall (71.71 billion) comes from a lower reliance on ELA funding. The decline

    6%

  5. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. ​This was driven by a combination of a fall in interest paid (-613 million), subsidies... by 2.41 billion to 28.20 billion. The fall was almost entirely driven by a 2.37 billion euro

    6%

  6. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent... a fall of 7 million euros from the figure for the same time last year which stood at 6.56 billion.

    6%

  7. Trade deficit falls by 23.1 pct in March on growing exports, falling imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday... for the first three months of the year year showed a YoY fall of 17.9 percent in the trade deficit

    6%

  8. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    fall year-on-year (YoY). Asset quality Pre-write off non-performing exposure (NPE) formation fell... stock is anticipated to fall by 34 percent between March 2018 and December 2019. This will be achieved

    6%

  9. Newsletter 163 -25/05/2018

    Newsletters

    the fall in bond yields that the government was looking for. Mitsotakis denied that New Democracy had.../A deficit worsened by 52.7 million euros to stand at 2.84 billion. This was driven by a combined fall

    6%

  10. Newsletter 164 -01/06/2018

    Newsletters

    to fall and would allow New Democracy and other opposition parties to argue that the SYRIZA leader’s... billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase

    6%