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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March, following the upward revision of Ferbuary’s figure, according to the Hellenic Statistical Agency (ELSTAT). The March headline figure is the third equal lowest reading since July 2012. However, the non
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsin Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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If you think it's bleak for Greece now, wait until tomorrow
Agoraproductivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicschange over time if the next government can overperform on the reform front remains to be seen
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Newsletter 339 - 27/05/2022
significantly overperform.
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