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  1. Coalition set to extend, improve OCW but opinion poll favours ND
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government is trying to tie up a number of loose ends before the end of the year, which... 50,000 to 300,000 euros and extends the scheme for another year, so it will expire at the end... year. Since the scheme was launched, some 59,000 applications have been filled in, although many

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  2. Economic sentiment at 101.6 in December, consumer confidence and retail trade strengthen

    EconomyMacroeconomy

    2018, the ESI has risen by 0.3 points. Consumer confidence rose by 0.8 points to -35. Year-on-year... and came to -5 compared to -3.2 in the previous month. Year-on-year, industry confidence has... points in November. Year-on-year, service confidence has fallen by 2 points. Retail trade strengthened

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  3. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Standard and Poor’s opened the credit rating review cycle of the new year for Greece by affirming its ‘B+’ rating, which it granted in June of last year following the Eurogroup decisions... servicing into 2022. The debt-to-GDP ratio is expected to start declining from this year on the back

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  4. November current account deficit at 1.41 bln as import value outstrips exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The respective figure for the same time last year showed a deficit of 1.13 billion, meaning that year-on-year... million. The services balance improved to a surplus of 674.1 million from 486.8 million a year ago... percent compared to the figure for the same month last year, which came to a deficit of 72.4 million

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  5. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (EKAS). The latest figure equals a reduction of 45,848 people claiming pensions year-on-year... euros in September 2018, very slightly up from 723.52 cents in the previous year. The average... a year earlier. For dividends, the average payment stood at 97.84 euros, very slightly down from last

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  6. Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    points to -28.3. Year-on-year, consumer confidence has improved by 22.7 points. January’s reading... for a fourth month, but rose to -4.6 points compared to -5 points in the previous month. Year-on-year... in January from 11.4 points in December, marking the first negative reading since January 2017. Year

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  7. Newsletter 195 -22/02/2019

    Newsletters

    of the key privatisations due to take place this year, with the aim of raising 1.5 billion euros... in Jan Balance for the month showed 5,791 more departures year-on-year The employment balance turned... showed that new tax debt totalled 10.94 billion, lower than the figure for the same period last year

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  8. Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
    Photo by MacroPolis

    EconomyFeatures

    of incoming tourism in Greece in 2019”, INSETE anticipated a number of factors would impact this year... this year. This translated to 18.7 million seats scheduled for 2019 compared to 20 million in 2018... and 2018. Regionally, the biggest year-on-year (YoY) reduction in scheduled flight seats is seen in Sitia

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  9. Economic sentiment at 101.3 in Feb, retail trade improves while consumer confidence dips
    Photo by MacroPolis

    EconomyMacroeconomy

    in February. Year-on-year, consumer confidence has improved by 16.3 points. Regarding other indicators.... Year-on-year, industry confidence has deteriorated by 5.4 points. The services index showed a significant improvement and rose to 6.1 points in February from -1.6 in January. Year-on-year, service

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  10. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    . Year-on-year, the figure for employment increased by 106,850 or a rise of 2.8 percent. The figure...-on-month but lower by 9,235 persons year-on-year. The unemployment rate among women fell by 2.9 percentage points (pps) year-on-year and came to 23.1 percent. This figure has been in decline since

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