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  1. Newsletter 307 - 10/09/2021

    Newsletters

    of 2019 and had endured five continuous quarters of GDP drop, with the sharpest on record in Q2 last... an impressive drop in bad loans on banks’ balance sheets, with the NPE ratio dropping to 21.3 pct... of business loans. The impressive quarterly drop was led by 10 billion euros by Alpha Bank and 13.5

    3%

  2. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    expenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct... by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down.... As expected, restaurants and cafes saw their share drop significantly by 3.1 points to 8 pct. Recreation

    3%

  3. Newsletter 311 - 08/10/2021

    Newsletters

    of 23.4 pct and exports to rise by 11.1 pct. On the other hand, public spending will drop by 2.8 pct... to rise by 2.7 pct, leading to a drop in the unemployment rate from 16 pct to 14.3 pct... by the end of the year. Combined with the precipitous drop in GDP in 2020, pushed up the debt-to-GDP

    3%

  4. EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    of unvaccinated citizens with retail and food and beverage owners already noticing a drop in business... is expected to drop to 15 pct next year and to 14.5 pct in 2023. The recent hike in energy prices does... of 2022 is expected to drop significantly to 3.9 pct of GDP, thanks to the economic rebound

    3%

  5. Newsletter 332 - 18/03/2022

    Newsletters

    this has not yet translated into a significant or sudden drop in support for ND, the fact that its... over the last few quarters, which saw the stock of main pensions applications drop from the high... of unemployed remaining below the 600,000-mark, noting a drop of 17.4 pct annually. Import Prices

    3%

  6. Unemployment remains at 12.8 pct in Feb, lowest since summer 2010

    EconomyMacroeconomy

    to 603,025, a drop of 14.2 percent. For the first time since March 2010, unemployment temporarily... the rate for men stood at 10.1 percent, a drop of 3.2 pps year-on-year. Youth unemployment dropped... in the same period last year, a drop of 24,974 job postings.

    3%

  7. Newsletter 351 - 16/09/2022

    Newsletters

    well above 200 billion euros then the ratio could drop to 170 pct, a sizable drop from the 206 pct seen... movements were led by a 10.5 pct reduction in petroleum products and 1 pct drop in chemical products.

    3%

  8. Unemployment stable at 12.2 pct in August despite strong tourism season
    Photo by MacroPolis

    EconomyMacroeconomy

    jobs or placed employees on furlough schemes. Although August did not have the desired drop given... compared with the same month of 2021, amounting to 569,609, a drop of 11.4 percent. Unemployment is now... percent, while the rate for men stood at 9 percent, a drop of 1.7 pps year-on-year. Youth unemployment

    3%

  9. Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    of the year did not see the desired drop given the seasonality of the labour market and the solid tourism... to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... percent, a drop of 0.4 pps year-on-year. Youth unemployment rose by 2.3 pps year-on-year to 28.5 percent

    3%

  10. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 700 million euros in the third quarter of the year to 393.49 billion euros, after falling by 365 million to 394.18 billion euros... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related

    3%