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  1. Newsletter 419 - 05/04/2024

    Newsletters

    , despite a fall in the headline inflation rate. A Pulse poll published this week showed... unemployment rate increased in February, rising to 11 pct, from 10.6 pct in the previous month. The unemployment rate was 11.2 pct in February last year. There was a negligible drop in the unemployed

    5%

  2. Newsletter 430 - 05/07/2024

    Newsletters

    in the previous month. Orders continue to grow, though the rate of increase was the lowest of the year... remains upbeat, however, it dipped to a six-month low. Unemployment Greece’s unemployment rate was virtually unchanged in May, landing at 10.6 pct, from 11.2 pct in May last year. It seems that the rate

    5%

  3. PM puts tax cuts front and centre in bid to win back voters
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    reported that the aim is to lower the burden on the middle class by dropping the tax rate for incomes... of the measures which is unlikely to be considered is reducing the VAT rate. Elevated VAT revenues, boosted... indirect taxes. Keeping VAT rates high (the top rate of 24 pct is among the highest in the European Union

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  4. Bank tax proposal spearheads PASOK attack on government's economic policy
    Photo by Giannis Papanikos/Fosphotos

    Economy

    the new EU directive of increasing the rate of workers covered by collective agreements. The issue... - deferred tax credits - that would be amortised against profits with a rate of 29 pct up to 2040... allowed to keep deposit rates low, leading to one of the highest interest rate margins in the EU

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  5. Government pledges more reforms, but economy set to prove deciding factor in 2025
    Image: MacroPolis

    PoliticsGreek Politics

    the inflation rate and offer a route to easing the pressure on Greek households. According to a report in Ta... likely scenario is for the tax rate on annual incomes between 10,000 to 20,000 euros to be cut from... euros and increasing the threshold for the top tax rate of 44 pct, closer to 50,000 euros

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  6. Despite slight moderation of PMI in Jan, manufacturing sentiment improves
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    domestic and export demand, with export sales rising again—though at a slower rate than December’s... the decline was slower than average. Input costs rose at a softer rate in January, though firms cited... at the fastest rate since August 2024. Business confidence strengthened, reaching its highest level

    5%

  7. PMI rise in Mar signals strong expansion, input costs at highest since 2022
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    at their fastest rate since April 2024. To meet rising demand, manufacturers expanded capacity, with employment increasing at the fastest rate since January 2022. Companies hired both full-time... buying and employment. In fact, the rate of job creation was the sharpest since the start of 2022,” said

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  8. Newsletter 460 - 02/05/2025

    Newsletters

    receive up to one month’s return back from the state. The reduction in the tax rate on rental income... 20,000 and 40,000 euros and the top tax rate of 44 pct applying to incomes higher than the current level of 40,000 euros. MacroeconomyCharts of the weekUnemployment Greece’s unemployment rate edged

    5%

  9. Solid conditions in manufacturing continue with PMI at 53.2 in April
    Photo via https://flic.kr/p/2cusZK8

    EconomyMacroeconomy

    and was only marginal. Production levels rose solidly, though at the slowest rate in three months... pace in three months. Input cost inflation eased significantly in April, registering its weakest rate... the rate remained historically high. Manufacturers remained optimistic about output growth over

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  10. Newsletter 465 - 06/06/2025

    Newsletters

    might increase the tax-free threshold, introduce an intermediate tax rate and up the level of the 40 pct tax rate that currently stands at 40,000 euros. A side-effect of the ongoing briefing... of the same quarter last year. The rate without the seasonal adjustment has the tourism season

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