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  1. Greek unemployment drops slightly to 25.8 pct in October on lower jobless
    Photo by MacroPolis

    EconomyMacroeconomy

    month on month (MoM) decline in the number of jobless, while the number of employed posted a marginal rise of 0.2 percent MoM. The MoM decrease in the number of unemployed showed acceleration in October compared to the minor 0.1 percent fall recorded in September. On the flipside, the MoM growth rate

    33%
  2. Political tension ramps up as Tempe anniversary approaches
    Photo by MacroPolis

    PoliticsGreek Politics

    was prompted by news of the death in unclear circumstances of the son of the former prosecutor... to a social media post by the deceased’s mother, in which she expressed the belief that her son was murdered. Larissa prosecutor Sofia Apostolaki had resigned from the case shortly after her son went

    31%
  3. Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    climbed almost one percentage point (pp) month on month (MoM) to 26.8 percent in December from 25.9...’s SA unemployment rate mainly stems from a 0.7 percent MoM decline in the number of employed, while the respective figure for jobless remained almost stable (-0.02 percent MoM). The MoM drop

    29%
  4. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    is mainly attributed to a 1.2 percent month on month (MoM) decrease in the number of unemployed. The number of employed increased by 0.2 percent. The jobless number fell MoM for the ninth successive month... the number of employed increased by 7,700 MoM to 3.55 million, which is the highest reading since

    29%
  5. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    (MoM) respectively. The movement in the jobless figure represents a MoM drop for the tenth straight... by 16,100 MoM to 3.52 million, which is the lowest reading since April 2014. In addition, there has been... declined at a slower pace compared to the previous month, falling by 4,300 MoM to 1.21 million in March

    28%
  6. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    news was that US investment fund Fortress was in talks to take on a 90 million euro bank loan from

    27%
  7. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along

    27%
  8. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    the 2-billion-euro portfolio: PIMCO, LoneStar, B2Kapital, Fortress in cooperation with doBank

    27%
  9. Eurobank net profits at 56.3 mln in Q3 from continued operations
    Image via www.eurobank.gr

    EconomyBanking

    , it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank

    27%
  10. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Investor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC

    27%