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  1. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in all four quarters, the last quarter of the year saw a substantial slow down with growth of only 0.1... but the import of intermediate goods for exports and investments stayed high and drove down

    18%
  2. Hirings balance positive by 6,556 in September but momentum slows down year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and over age group where the balance was negative by 347. Broken down by employment activity in each... as the new school year gets under way and the tourism season begins to wind down. In the aggregate

    18%
  3. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    to the latest operational targets submitted to the SSM in March 2019, banks aim to bring the ratio down... the lowest with 1.2 percent. Broken down by business activity, out of a total of 124.9 billion euros

    18%
  4. What brought down Golden Dawn?
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    extreme neo-Nazi parties in Europe down to size? The heights Although Golden Dawn had been... played a part in bringing the party down, but its effect was not straightforward. Rather than causing

    18%
  5. Greece tugged down in WEF competitiveness ranking by financial system, institutions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    138, down three places, for the quality of land administration and the Government ensuring policy... competitiveness of countries. Within the labour market, Greece scored 111th overall (down by four places

    18%
  6. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion euros compared to the same period last year, according... entities edged down by 6 million month-on-month, while non-gg entities fell by 34 million. With bank

    18%
  7. Govt plays down Omicron threat despite wariness and high Covid death rate
    Photo via https://flic.kr/p/2jYe4oV

    PoliticsGreek Politics

    The week begins with the Greek government, like so many around the world, on tenterhooks due to the emergence of the Omicron variant of Covid, although New Democracy officials have so far played down... government is playing down fears. Speaking on Skai TV on Monday, Development Minister Adonis Georgiadis

    18%
  8. BoG revises growth forecast down to 3.2 pct amid growing uncertainty
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The uncertain times across the global economy were captured in the latest monetary policy report by the Bank of Greece, which revised down its Greek growth forecast to 3.2 pct for 2022, from the 3.8..., which have managed since the peak of December 2016 to shed 91 billion euros of bad debt, down

    18%
  9. Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
    Photo by MacroPolis

    EconomyMacroeconomy

    percent while volume is also down by 2.9 percent. This is a much more modest construction activity from... by 2.5 points to -29.4. Construction is now 31 points down from October last year and off

    18%
  10. Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    and ships, the aggregate deficit was down by 11.6 percent, at 5.49 billion euros. Year to date... were down by 1.3 percent at 10.95 billion euros. Exports to EU countries increased 22.9 percent

    18%