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  1. Where is Odysseus? Part 4 - Unemployment and Employment
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    be adjusted up or down, then workers and their labor unions will be cautious with labor cost demands..., even during the Covid episode, so we now take this down, as a baseline hypothesis to 7 percent

    4%

  2. Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in building permits slowed down in March, with total permits rising by 2.8 percent year-on-year (YoY) from a 13.7 percent rise in February, according to the latest data released... in May. Construction is now 15.7 points down from July last year.

    4%

  3. Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2020, the index was down by 3.2 percent, recording seven consecutive months of declines. Month..., from 5.8 points in May. Since July last year, industry confidence is down by 7.5 points. In addition

    4%

  4. Vehicle sales drop again YoY in June as only used passenger cars sales grow
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time slowed down to 2 percent year-on-year growth in June, after an increase of 21.3 percent in May, according to Hellenic... percent, new passenger car sales were down by close to 20 pct. New road motor cars decreased by 17.6

    4%

  5. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    , in blog 19, the assumption that unemployment could drift down to 7 percent of the labor force allows... the results with pessimism, as economies can, and do, rebound, when events settle down into more

    4%

  6. Building permits turn negative for first time in more than a year, falling by 10 pct in April
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in building permits stopped in April, dropping by 10 percent year-on-year (YoY), after it had slowed down in March, rising by 2.8 percent, according to the latest data released... points in June. Construction is now roughly 30 points down from August last year.

    4%

  7. Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
    Photo by MacroPolis

    EconomyBanking

    at 5.9 percent in H1, down by 8.1 percentage points (pps) year-on-year, while NPE coverage increased... unchanged in H1 at 11.6 billion euros, slightly down from 11.63 billion euros of TLTRO III loans

    4%

  8. Spying scandal triggers high-level resignations, serious questions for government and PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    After evading and playing down for weeks claims it was spying on journalists and political rivals, the government was rocked on Friday by the resignation of the Prime Minister’s general secretary... the government’s attempts to play down the resignations, the fact that a close aide to the PM

    4%

  9. Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained at record high levels in July, rising by 11.6 percent year-on-year, though it did slow down from the 12.1 percent seen in June, according to the data... was down by 1.6 percent. In July, the annual CPI movement was led by a 13 percent increase in food

    4%

  10. Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The index has been slowing down for three months in a row, with rises of 37.7 percent in May, and 39.1... extraction of oil and gas was down by 6 percent. In terms of industries, energy led the import price

    4%