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Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
EconomyMacroeconomynegative by 25,804 more firings than hirings
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Athens looks to bolster ties with African states, beyond Libya
PoliticsForeign Policyfor elements of stability and development in sub-Saharan Africa. Rwanda has certainly a regional
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Athens homing in on non-permanent seat at UNSC
PoliticsForeign Policyin the sub- Saharan region of Africa. But it would be more significant if these contacts made
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PM heads to Egypt with eye on broader movements in East Med
PoliticsForeign Policyissue of migration which is the result of crises in the sub-Saharan Africa and the instability
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Greek coalition reaches milestones but PASOK looking increasingly weary
PoliticsGreek Politicssupport the omnibus bill. One, New Democracy’s Nikitas Kaklamanis, was ousted from his party... George Papandreou and veteran Apostolos Kaklamanis, were not ejected from PASOK. By all accounts
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Mitsotakis looks for fresh start as PASOK and Potami ponder way forward
PoliticsGreek Politicsex-health minister Nikitas Kaklamanis suggested that New Democracy should issue a statement on the matter. Kaklamanis played down claims of a rift within the party over this matter but New Democracy
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