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  1. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    The International Monetary Fund (IMF) released its latest global macro and fiscal estimates in the context of the spring meetings currently held in Washington, capturing the impact of inflation on growth. Specifically for Greece, growth for this year wa...

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  2. Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    The latest living conditions published by ELSTAT on Friday shows that poverty resumed an upward trend in 2021 after a series of declines that started in 2014, with 2020 marking the most recent annual low. The risk of poverty threshold has dropped to 5,2...

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  3. Credit flow turns negative in July with outflow for corporations at 1 bln
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    The credit expansion in the Greek private sector kept up its recent pace in July, rising by 6.4 percent year-on-year (YoY), from 6.1 percent in the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was negat...

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  4. Unemployment stable at 9.4 pct in Dec, improves by 1 point in 2024
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in December, edging down marginally to 9.4 percent, from 9.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In Decemb...

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  5. Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s current account was in surplus in January of 1.02 billion, from a deficit of 3.6 billion euros in December, Bank of Greece (BoG) data showed on Monday. In January 2024, the balance showed a surplus of 1.8 billion euros. The Bank of Greece notes...

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  6. Budget continues to perform strongly in July as VAT beats target by over 1 bln

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.77 billion euros for July, compared to a surplus of 7.94 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balanc...

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  7. Survey shows investor interest remains solid

    EconomyFeatures

    from 69 percent to 52 percent in the last survey, adding to hopes that Greece’s economic model... production model based on the stimulation of industrial extroversion, the integration of digital technology, and innovation and placing the country more actively in emerging supply chains. “This new model

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  8. RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    transform the Greek economic model. The submission of the national proposals for the EU’s Recovery... in scope, amounting a ten-year plan for the transformation of the Greek economic model. The report... to a more extrovert model with more exports and more inward investment. The report claims

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  9. Mitsotakis makes bid to dissuade farmers from continuing their protests

    PoliticsGreek Politics

    model” regarding universities, rather than the system used in Cyprus. He argued... with state-funded universities. He argued that the Cypriot model, by contrast, is more of a money... that the model is not even attractive to locals. Androulakis argued that Greece should not stand still

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  10. PM seeks diplomatic initiative in Middle East as PASOK looks for momentum at home
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    Andrius Kubilius offered unusually warm praise, calling Greece a model for European defence... be implemented through social dialogue and tied to a broader shift in Greece’s production model - one... a Bulgarian‑style model of cheap labour and overwork. At the same time, PASOK is embroiled in a political tug

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