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  1. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the initial travel receipts forecasts that envisaged recovering 80 pct of the 2019 receipts, now... policy conditions. Greece is now seen growing by 2.8 pct this year and 2.5 pct in 2023, compared to 4.8

    8%

  2. Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    to horizontal measures signalled in statements by ministers over recent days now looks set to take shape... is now taking a carrot-and-stick approach to hitting a binding 10 pct energy savings target across

    8%

  3. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    official revision of the growth estimate for this year. GDP is now seen rising by 5.3 pct, from 3.1 pct... of the energy crisis was seen at 8.5 billion euros, now significantly revised up to 13.2 billion

    8%

  4. Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 9.7 percent. Unemployment is now consistently below the 600,000-mark, after it peaked at 1.36 million in July 2013. The inactive population decreased by 101,966 people year-on-year and now stands

    8%

  5. Newsletter 352 - 23/09/2022

    Newsletters

    in the upcoming election battle, which can now be considered to have begun. The SYRIZA leader proposed... far this year. This comes from higher growth, which is now seen at 5.3 pct for the whole year

    8%

  6. Newsletter 353 - 30/09/2022

    Newsletters

    , with the spending of the 20 pct richest now 5.2 times more than the poorest 20 pct, from 4.8 times in 2020..., moving up to 105.1 points. Over the rolling 12-month period, the ESI is now lower than October last year

    8%

  7. Unemployment stable at 12.2 pct in August despite strong tourism season
    Photo by MacroPolis

    EconomyMacroeconomy

    compared with the same month of 2021, amounting to 569,609, a drop of 11.4 percent. Unemployment is now.... The inactive population decreased by 4,274 people year-on-year and now stands at 3.15 million

    8%

  8. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to deliver a surplus of 1 pct of GDP. Subsequently, Fitch sees a total deficit now of 3.5 pct of GDP... with S&P on October 21, with most market participants now pushing the timeframe of rating upgrades

    8%

  9. S&P leaves Greece a notch away from investment grade as outlook blurs
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . The path ahead for the Greek authorities to raise the country’s rating is clear as all agencies now... of the energy and inflation impact. Banks are now less of concern as balance sheet clean-up exercises paid

    8%

  10. Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... people year-on-year and now stands at 3.12 million. The unemployment rate among women fell by 2.8

    8%