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  1. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    to the way inactive staff were recorded statistically, the unemployment rate was kept relatively low. The partial recovery over the next two years will keep the rate under 17 pct. The Commission

    5%
  2. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , as demand stagnated. The rate of decline was the fastest since May. The decline was spearheaded... dropped in turn, and declined at the quickest rate for three months. In contrast to the last three

    5%
  3. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    tourism markets, arrivals from Germany fell at the sharpest rate for Greece compared to other... at the sharpest rate. For Italian arrivals, Montenegro saw the largest decline, with Greece in fifth place

    5%
  4. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    and came to 18.3 billion euros in Q3. Management noted that the rate of contraction was being affected... to trend lower as the bank anticipates to benefit from a -1 percent interest rate, assuming fulfilment

    5%
  5. Structural considerations for a prosperous Greece

    Agora

    demographic fastest grower, with a projected annual growth rate of +2.08 percent a year through 2050... well-argued and credible long-run visions for the economy’s potential growth rate and overall size

    5%
  6. PMI rises to 50 points in January on hopes of vaccine roll-out

    EconomyMacroeconomy

    cost burdens rose at the steepest rate since July 2008, with the rate of inflation accelerated

    5%
  7. Newsletter 286 - 26/02/2021

    Newsletters

    rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent... in December. This took the balance to 72.7 billion euros. The annual rate of credit growth is now

    5%
  8. EU digital certificate seen as boost for tourism against backdrop of worsening pandemic
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    rate in tests across the country remains high, at 5.5 pct, while the transmission rate R is currently

    5%
  9. Newsletter 289 - 19/03/2021

    Newsletters

    seasonally adjusted (SA) unemployment rate fell to 15.8 percent in December from 16.2 percent... of 2019, the unemployment rate was 16.4 percent. In the month of December, employment decreased by 12,697

    5%
  10. Credit growth in February unchanged 3.7 pct; monthly flows resume growth
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 3.7 percent in February, the same rate as in January, Bank of Greece (BoG) figures showed on Friday. The annual rate of credit growth is the highest it has been since February 2010 when it came to 3.8 percent. The net lending flow turned

    5%