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  1. Greek trade deficit drops by larger rate of 27.2 pct in Feb

    EconomyMacroeconomy

    attributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent

    3%
  2. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp

    3%
  3. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts... in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April

    3%
  4. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    digit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... than offsetting a drop in the relevant travel spending per trip. The substantial deterioration

    3%
  5. Unemployment rate edged up to 25.2 pct in June

    EconomyMacroeconomy

    of employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9... reading since May 2012. Despite the MoM drop in the first half of the year, the number of unemployed

    3%
  6. Newsletter 47 - 16/10/2015

    Newsletters

    (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... October. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5..., on the back of a drop in private consumption by 1.5 to 2 percent, a slight rise in public consumption

    3%
  7. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop... in the services surplus by 293 million. On the goods’ front, the marked drop in the respective deficit

    3%
  8. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    billion in the corresponding period last year. In absolute terms, the biggest drop was recorded... to a strong rebound in revenues of 13.6 percent in September with the cumulative drop rate slowing... arrears. Despite a drop by 97 million in September, state budget arrears have advanced by 474 million

    3%
  9. Current account surplus widens to 838 mln in Sept on shrinking goods deficit

    EconomyMacroeconomy

    a higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved

    3%
  10. Newsletter 59 - 22/01/2016

    Newsletters

    months of surpluses. The year on year (YoY) drop of 18.6 percent reflects a narrowing of the goods... a decrease in imports by 9.2 percent, with exports recording a double-digit drop of 11.3 percent... compared to a revised 18.8 percent drop in October. The index is 10.7 percent down over the past twelve

    3%