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Seasonal jobs push quarterly unemployment to 7.9% in Q2: lowest since 2008
Greece’s non-seasonally adjusted quarterly unemployment rate dropped sharply in Q2, landing at 7.9 percent, from 10.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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Politics
Mitsotakis heads to TIF amid low expectations as ELAS elaborates on proposals
Prime Minister Kyriakos Mitsotakis travels to Thessaloniki this weekend for his keynote address at the Thessaloniki International Fair (TIF), seeking to reset the political narrative after the summer and with his focus on the upcoming general election, amid a mood of public frustration and a fragmented opposition landscape.
Tsipras sets out ELAS economic programme as government and PASOK launch criticism
Greece facing period of renewed tension with Turkey in Aegean
Economy
Manufacturing grows in Aug thanks to rise in new sales: optimism highest since 2024
Greece’s manufacturing PMI was stable in August at 54.4 points, from 54.3 points in the previous month, S&P Global data showed on Tuesday.
Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
Unemployment rate stable at 7.9% in July
Society
OECD warns young Greeks face deep structural barriers to work, family and housing
The latest OECD report on the challenges faced by young people in Greece captures the complex landscape they must navigate and the hurdles they encounter in their efforts to achieve financial independence, find stable employment, start a family and secure housing.
EU report shows Greece entering new era of extreme ageing and population decline
Trust levels fall again as public perceptions trail economic progress
Agora
A summer tan can’t obscure Greek economic reality
“We are not in an economic disaster — everyone came back with a tan,” was the comment made by a prominent government minister on a morning TV show just a week ago, when he was asked about the pressures households are facing from the cost of living.
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