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  1. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    loans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell by 1 bps month-on-month to 3.72 percentage points. The average interest rate on consumer loans without... percent. The average interest rate on overnight deposits placed by households edged up by 1 bps

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  2. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP.... Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

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  3. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short... to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year..., and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.

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  4. Govt searches budget for space to adopt more Covid and energy relief

    PoliticsGreek Politics

    industry federation claims he was taken by surprise by the 2 a.m. closing rule on one of the busiest... for the sectors most affected that the latest round of restrictions. The Covid reserves stand at 1... permits, which are expected to generate around 1 billion euros in income. Decarbonisation row

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  5. PM pledges more support as he seeks to resist inflation, pandemic threats
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    1, although he did not speculate on the number. Government sources had already indicated that the rise would be much higher than the 2 percent increase adopted on January 1. Nevertheless, Mitsotakis

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  6. PM stands by Ukraine decision, feels vindicated on defence and foreign policies

    PoliticsGreek Politics

    that the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1

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  7. Newsletter 360 - 25/11/2022

    Newsletters

    by one point to 30 pct, while trust in SYRIZA leader Alexis Tsipras has risen by 2 points to 22... is reflected in the budget in the more modest growth of private consumption and exports, by only 1 pct..., the European Commission also takes a more modest outlook, with growth seen at 1 pct next year

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  8. Newsletter 361 - 02/12/2022

    Newsletters

    called Gefyra (Bridge) 1 and 2 that subsidised mortgages initially and then business loans, under... in the sector were suggesting that the additional income from the higher rates could reach over 1 billion

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  9. Election date seen hanging in balance as PM weighs pros and cons
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    by one month, from May 1 to April 1, the implementation of the next increase to the minimum wage has... ruffling the church’s feathers, another option would be to hold the election on April 2, or to wait until

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  10. Newsletter 372 - 03/03/2023

    Newsletters

    latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct... marginally upped its own forecast to 1.2 pct growth, from 1 pct before, arguing that the RRF offered... of more than 2 pct for 2023, expecting the economy to show enough resilience despite the expected

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