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  1. Unemployment at 18.9 pct in August, unemployed remain under 1 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate came to 20.8..., employment rose by 25,249 people month-on-month, or an increase of 0.7 percent. Year-on-year... in August compared to July, a drop of 0.9 percent. Compared to August last year, the number of those

    2%
  2. Newsletter 182 -9/11/2018

    Newsletters

    strategy for SYRIZA. year and then by 1 point each of the following years until it reaches 25... from the payroll. He said the new positions would be announced next year, but the hirings would... change’ scenario over the next two years, which suggests that pension cuts next year and lower tax

    2%
  3. General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs), which were reduced by 412 million euros

    2%
  4. Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    that the year already surpassed arrival predictions. In particular, the balance of travel services came... billion noted for the same period last year. The rise was driven largely by a 8.4 percent increase... million. Foreign visitors were up by 9.3 percent year-on-year, which manifested in higher receipts

    2%
  5. Newsletter 192 -01/02/2019

    Newsletters

    of the markets. The second part was addressed by the issuing of a five-year bond, which raised 2.5 billion... a year earlier. According to Bloomberg, citing sources within the Public Debt Management Agency... that the minimum wage was increased later than it should have been and that next year’s lower tax-free

    2%
  6. Athens starts MTFS process with baseline scenario that sees growth slowing down
    Photo by MacroPolis

    Economy

    . The assumptions remain broadly unchanged from last year’s process, which ran up to 2022. Greece’s nominal GDP is expected to grow by 3.8 percent this year and growth is seen remaining stable in that region... percent in 2023. The estimates are more modest than last year, when 2019 was expected to grow by 4.1

    2%
  7. Newsletter 196 -01/03/2019

    Newsletters

    quarter of last year, applications increased by 112 percent to 11,455 new cases, compared to 5,412... over the next five years. The assumptions remain broadly unchanged from last year’s process, which ran up to 2022. Greece’s nominal GDP is expected to grow by 3.8 percent this year and growth is seen

    2%
  8. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    negative reading in 10 quarters. Compared to the same quarter in the previous year, GDP at current... to the corresponding quarter last year, private consumption increased by 0.8 percent in Q1 after showing a rise... percent this year and by 12.1 percent in 2020. Exports The breakdown of underlying components showed

    2%
  9. Newsletter 214 -12/07/2019

    Newsletters

    and opening the discussion about the fiscal side of things next year. In effect, this would mean trying... to be adopted next year. “On the 3.5 percent primary surplus, this was a cornerstone of the programme from.... While much of the New Democracy package will apply from next year, some measures are expected to come

    2%
  10. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from... percent in Q1. Compared to the corresponding quarter last year, private consumption decreased by 0.7... percent this year and by 12.1 percent in 2020. Exports The breakdown of underlying components showed

    2%