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EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
EconomyMacroeconomyThe European Commission slightly revised its forecasts for Greece in the interim Summer forecast released on Tuesday, compared to the Spring forecasts that were released at the beginning of May. Nevertheless, Greece is expected to experience a sharp contraction of 9 pct in 2020, from 9.7 pct
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyfronts. Even so, although the recession for 2020 is left unchanged at 9 pct, the estimates for next
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Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
EconomyMacroeconomyBuilding permits stayed on a growth trend in November thanks to a rise of 9 percent year-on-year (YoY), after an increase of 8.2 percent in October, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Tuesday. The total number of permits issued in November reached
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Building activity returns to growth in Sep, up 9 pct in 9M
EconomyMacroeconomyby 9 percent YoY to 19,446. The corresponding surface is up by 13.7 percent while volume is also
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NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
EconomyBanking, as well as the lowest nominal exposure in Greece. P&L Net interest income (ΝΙΙ) increased 9 percent
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Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate fell further in Q3, dropping to 9 percent, from 9.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate in the third quarter of 2023 was 10.8 percent. This is the lowest
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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up slightly to 9 percent in March, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In March last year, the unemployment rate was 10.8 percent. Despite minor fluctuations in recent
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Unemployment rate continues to rise in March, reaching 9 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up further to 9 percent in March, from a slightly upwards revised 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In March last year, the unemployment rate was 9.4 percent. Until recently
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Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates
PoliticsGreek Politicsmm of rain in 24 hours, whereas 350 mm fell in six hours. However, Hardalias also suggested
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Government lines up bills on education and housing, mulls social media controls for minors
PoliticsGreek Politicsgames. Storm Elena dumped up to 70 mm of rainfall on the two days over Christmas, while other areas of the country received volumes closer to 300 mm, causing extensive flooding in parts of Evia
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