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  1. Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in December, landing... on Thursday. In December last year, the unemployment rate was 12.2 percent. These are the lowest... in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number

    8%

  2. Newsletter 443 - 29/11/2024

    Newsletters

    and Greeks in the EU who did not manage any savings, They had a negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows that the improvement in the saving rate in Greece was negligible in the 2019-2023 period, reaching less than

    8%

  3. Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    a negative savings rate, when in the EU the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows that the improvement in the saving rate in Greece was negligible in the 2019-2023 period, reaching less than one percentage point, with a 2023 negative saving rate of close

    8%

  4. Newsletter 454 - 07/03/2025

    Newsletters

    easing moves since the summer, this week's 25 basis point cut, which took the base rate to 2.5 pct... of the weekUnemployment January saw a sharp drop in the unemployment rate to 8.7 pct, a drop of 3 percentage points from the January 2024 rate, thanks to a reduction in the unemployed by close to 150,000 year

    8%

  5. Newsletter 497 - 06/03/2026

    Newsletters

    The monthly unemployment rate dropped in January to 7.7 pct, from 7.9 pct in the previous month. In January last year, the rate was at 9.5 pct. This is the lowest unemployment rate since November 2008. The unemployment rate among women fell by almost 1.5 percentage points (pps) YoY and came to 10.5 pct

    8%

  6. Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent) was posted in 2011. In the past two years, the rate of decline has decelerated below... and agricultural holdings. The nominal revenues are estimated at 3.2 billion, while the MoF projects

    8%

  7. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    percent in 2016, turning to a strong growth rate of 2.7 percent in 2017. These are in line... depreciation of the market value of HFSF bank holdings. The initial investment of 25 billion

    8%

  8. Eurozone sets out proposals for staggered debt relief for Greece

    EconomyProgramme

    would also help Athens as the interest rate charged by the European lender is much lower than the one... Eurogroup. If the ECB returns to Athens the profits from its Greek bond holdings, with maturities

    8%

  9. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    ) with pension expenses rising significantly relative to GDP. In addition, VAT rate hikes may have... that resulted in reduced bond holdings subject to restructuring and contraction of nominal GDP

    8%

  10. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    ). The Fund does not see any material revenues from the state’s holdings in banks. Official interest rate

    8%