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  1. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

    20%

  2. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    eighth successive positive months, to -1.3 pints after a rise of 2.6 points in the previous month. Since

    20%

  3. Industrial turnover records five months of contraction after 6.2 pct drop in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year

    20%

  4. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    20%

  5. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    learning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros.... The institutions also estimate that an amount of around 400 million is still missing for the GMI... the necessary fiscal space for the GMI roll-out. Its cost is estimated at 0.5 percent of GDP

    20%

  6. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

    20%

  7. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    ). On the flipside, travel receipts from France contracted 2.2 percent and those from Russia dived... and 1 million above SETE initial estimate of 25 million. In addition, direct tourism revenues are now... Andreadis reiterated his latest estimates calling for 26 million international tourist arrivals in 2015

    20%

  8. Newsletter 227 -08/11/2019

    Newsletters

    . Overall, the EC expects Greece to grow by 1.8 percent in 2019, which is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn...’ Protection Ministry estimates that around 4,000 people can be housed in empty hotels. Petsas blamed

    20%

  9. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.8 percent this year, which is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn forecasts. In 2020, the EC...) in the third quarter (Q3) of 2019 after a revised increase of 1.3 percent in Q2, provisional estimates from

    20%

  10. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    pct over the 2020 to 2060 period and the fiscal assumptions see a primary balance of 2.2 pct of GDP..., it is not before 2050 that the debt stock will converge to the previous estimate of around 85 pct of GDP... in the previous estimates. In terms of the debt-to-GDP ratio, Greece was expected to have a debt level

    20%