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  1. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    percent for supplementary pensions. The General Accounting Office (GAO) estimates this will result... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing

    4%

  2. Unemployment unchanged at 25 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    is consistently posted in the Aegean, at 18.4 percent in July. The latest estimates by the institutions... in the unemployment rate in 2015 and 2016. The absolute estimates stand at 25.4 and 25.8 percent

    4%

  3. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday... in 2016. These estimates assume implementation of the agreed fiscal measures targeting savings

    4%

  4. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    . The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... and assuming the macro consensus estimates are realised, the bank expects a positive bottom-line reflecting

    4%

  5. Bailout review to continue in Athens, lenders identify key tasks ahead
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    EconomyProgramme

    indicating that the institutions have converged on their estimates regarding Greece’s fiscal gap... Commission (EC) had a lower figure of 3 percent. In addition, the government’s estimates were

    4%

  6. Unemployment rate slips to 24.2 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    in the Aegean Islands at 13.1 percent. The latest European Commission estimates point to a slight drop... Commission estimates the Greek jobless rate to fall to 24 percent in 2016 and further to 22.8 percent

    4%

  7. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . In specific, OECD estimates are the most optimistic standing at 24 percent for 2016 and at 23.2 percent... year, while IMF estimates stand at 25 and 23.4 percent respectively.

    4%

  8. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7... for this year and a lower figure of 23.4 percent for next year. OECD estimates are more optimistic

    4%

  9. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Council notes that consensus estimates point to GDP rebound of more than 2 percent compared to the Finance..., the Fiscal Council estimates that a growth of 1 percent in private consumption is more realistic

    4%

  10. Pieces of review puzzle yet to fall into place ahead of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Tsipras and key ministers. On the fiscal front, where initial estimates were pointing to a fiscal gap... estimates converge towards an agreement later in December. This would require an extraordinary Eurogroup

    4%