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  1. Newsletter 454 - 07/03/2025

    Newsletters

    factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's... of the weekUnemployment January saw a sharp drop in the unemployment rate to 8.7 pct, a drop of 3 percentage

    29%
  2. Government's focus on defence, plans for more procurements put opposition in tough spot
    Photo by Naval Group

    PoliticsGreek Politics

    French-made frigate. Athens agreed in 2021 to buy three new Belharra type vessels for a cost of 3

    29%
  3. Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    follows with 4.4 pct. Sole proprietors continue to dominate the incorporation type, with 151,978... are just over 3 pct of the total. In line with the population distribution, most companies

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  4. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    ,” added the authors. 3) Women in government The OECD found that Greece has one of the lowest rates of woman serving in the general government. They make up just 36 percent of general government

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  5. On Portugal, PSI and a national salvation pact

    Agora

    15 consecutive years. The highest primary budget surplus ever realized over the past 36 years for which we have data is 3% of GDP. Portugal’s current primary budget balance is negative 1.6% of GDP

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  6. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    by 36 bps in April and by 70 bps year to date to 5.82 percent. As a result, the interest rate spread... average rates stands at around 2 percentage points for amounts up to 250,000 euros and at circa 3

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  7. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    three sections headed south, with water supply down 6.2 percent, manufacturing down 3 percent... drop with wood and cork (down 36 percent), tobacco products (down 17 percent), electrical equipment

    29%
  8. Building activity falls 10.7 pct in June after brief rise in May

    EconomyMacroeconomy

    36 and 30.8 percent respectively. A broadly similar pattern was also evident in the 6-month figures... of around 3 percent over the past 2.5 years with the aggregate decrease at 13 percent over the past

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  9. Heading for slim election win, SYRIZA tries to secure MPs' loyalty
    Photo by MacroPolis

    PoliticsGreek Politics

    5.5 Ind Grks 3 Papandreou 2.5 Other 4 Undecided 9.5 #Greece — MacroPolis (@MacroPolis_gr) January 7... will win but will fall short of the minimum of around 36 percent it is likely to need to be able to form

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  10. You've heard the Greek crisis myths, now here are some truths
    Photo by MacroPolis

    Agora

    . Social benefits in 2009 had risen to 49.1 billion euros from 36 billions in 2006. This was brought... not materialised even though in just 3 years Greece corrected all the labour cost competitiveness

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