Economy
PDMA sets 2020 goals to build on improving conditions for debt
Greece’s Public Debt Management Agency (PDMA) issued on Tuesday its funding strategy for 2020 after taking stock of the achievements during 2019 and the characteristics of Greek sovereign debt, which breed confidence for the year ahead.
Oct travel receipts up by 4.1 pct, boosted by rise in visitors from UK and Russia
Greece’s travel balance rose to 1.19 billion euros in October from 1.21 billion a year ago, according to Bank of Greece (BoG) data released on Monday.
BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
The Bank of Greece (BoG) submitted to Parliament on Friday its interim monetary policy report for 2019 in which it outlines a range of areas that Greek authorities should take encouragement from, while stressing others that require focus and pose challenges in the near and longer terms future.
Number of private sector employees rises by 78,391 in 2019
The Labour Ministry’s Ergani information system released a special report detailing companies and workers with employment governed by private law for 2019.
Industrial turnover drops by 7.4 pct in October
Greece’s industrial turnover edged down sharply by 7.4 percent year-on-year (YoY) in October, from a marginal drop of 0.6 percent in September, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
Greece’s current account (C/A) balance posted a deficit of 673.4 million euros in October, from a surplus of 886.6 million in September, according to Bank of Greece (BoG) data released on Friday.
Unemployment drops to 16.4 pct in Q3
The Greek non-seasonally-adjusted unemployment rate stood at 16.4 percent in the third quarter quarter (Q3) of the year, dropping from a rate of 16.9 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Unemployment edges down to 16.8 pct in September
Greece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in September from a slightly upward revised 16.9 percent in August, Hellenic Statistical Authority’s (ELSTAT) data showed on Friday.
Wages index drops for first time in two years, declining by 1.2 pct in Q3
Greece’s seasonally adjusted (SA) Wages Index fell by 1.2 percent year-on-year (YoY) in the third quarter (Q3) of 2019, following an increase of 2.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Thursday.
Promises and challenges of Greece's "green new deal"
By:
Recent announcements promise a radical shake-up of the Greek power sector, with the government pledging to put the country among the global leaders in the transition to a zero-carbon economy.