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Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyof employees rebounded for the second straight quarter by 4 percent, which indicates the highest reading... edged up for the second successive quarter by 0.5 percent to 14.71 billion in Q4. Since 2009... percent in the last six years. Household final consumption decreased for the second straight quarter
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate rose for the second successive quarter to 24.9... for the second straight quarter by more than 1 pp quarter on quarter (QoQ) to 21.1 percent in Q1 from... an upward trend for the second consecutive quarter reaching 263,000 in Q1, while its share
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Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
EconomyMacroeconomyGreece’s economic sentiment (ESI) increased for the second straight month in August, when... direction, falling for the second successive month by 0.9 points in August, after a drop of 1.2 points... improved for the second straight month by 1.1 points to 9.3 in August with the year to date increase
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First round of second review discussions concludes on Thursday
EconomyProgrammeon the second programme review lasted one week and concludes on Thursday. The agenda includes five... far of the pension reform for half an hour. The key labour-related issues of the second review involve... repeatedly stressed it aims for a shift conclusion of the second review ideally before the December 5
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Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
EconomyThe Greek equity market climbed for the second straight week this week, rising by 5.9 percent... amid increasing optimism for conclusion of the second programme review. The banking index surpassed... appetite for Greek stocks. As a result, the average daily turnover notably improved for the second
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Tsipras invites Middle East investment at second EU-Arab summit
PoliticsForeign Policykeynote speech at the opening of the second EU-Arab World Summit, held in Athens from November 9-10..., delivered an overview of the Greek economy in his speech at the start of the second day. Listing several... mentioned by several speakers. “This second summit under the initiative of the Greek government
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Unemployment at 19.1 pct in June, under 20 pct for second month
EconomyMacroeconomyon Thursday. The unemployment rate in June last year was 21.3 percent. The latest figure marks the second... of 2.2 percent. Total employment reached 3.86 million people, marking the second time that the figure... the second time since the peak of 2013 where youth unemployment has stayed under 40 percent. Regionally
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammeThe European Commission issued on Wednesday the update to its second post-programme surveillance... of the second post-programme review by the end of February but many were incomplete by the time..., the Greek authorities have committed to unifying in the second half of this year all laws related
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Unemployment falls to 17.2 pct, stays below 18 pct for second month
EconomyMacroeconomyis the second consecutive month that unemployment has remained under 18 percent. The last time the rate fell... in July 2019. The data showed that July’s negative balance was the second highest negative balance... of the year in 2019 was the second highest on record since 2001. The respective balance for the same period
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammeThe Greek authorities and the heads of the institutions completed the second day of talks in Athens.... The second scenario includes the full implementation of the tax cuts announced by Prime Minister... the reduction in the corporate tax rate could be less costly than initially thought thanks to second round
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