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  1. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    a nominal GDP growth lower by 0.25 pp per year compared to the scenario A, which entails an average

    5%

  2. Car sales rebound by 28.2 pct in June
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) rose by 28.2 percent in June after falling by 2.7 percent in May, Authority (ELSTAT) data showed on Monday. Car sales came to 15,945 in June, falling from the figure in May. Passenger cars rose by 30.9 per cent in June following a drop

    5%

  3. Athens holds off on bond as Tsipras talks up labour market
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    by around 2.5 percentage points per year from now on. According to the Labour Ministry’s Ergani

    5%

  4. Parents main source of income for most young Greeks
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    , and the working hours per week were reported as 40. Of those who were unemployed, only 15 percent believed

    5%

  5. IMF sets out why it stands apart from eurozone on long-term growth prospects
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyProgramme

    output per worker and the -0.9 percent annual decline of working age population. According to the IMF

    5%

  6. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015. This is an expansion on the lump sum of 840 euros every two weeks which is the limit currently in place

    5%

  7. Refugee returns to resume despite concerns over rights and conditions
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    as of August 8, 11,919 of which arrived in Greece at an average rate of 65 people per day in July. As of July

    5%

  8. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    to the hedging of ‘Titlos’ security. The management expects this hedging cost at around 30 million per

    5%

  9. Newsletter 132

    Newsletters

    million. The average expenditure per trip went down by 4.5 percent to 552.4 euros from the figure

    5%

  10. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , and security, and higher per capita income.” This year’s top score was held by Switzerland

    5%