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  1. Unemployment rate remains lodged near 11 pct after no change in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    by 30,190 people, with total employment staying above the four-million mark, at roughly 4.17... reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against 1.63

    2%

  2. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , which is improved on the target of 0.7 pct of GDP. The total deficit will be at 7.37 billion euros... to a surplus of 5.05 billion euros, or 2.1 pct of GDP, and the total deficit to 7.49 billion euros, or 1 pct

    2%

  3. State braces for losses as bank divestment plan is put into action
    Photo via https://flic.kr/p/GG7K6F

    EconomyBanking

    at 1.47 euros/share and its total market cap is roughly 5.4 billion euros. Its legal framework... is accepted by HFSF, it means that the Greek state is facing essentially a total loss

    2%

  4. Few bright spots for opposition candidates in local polls, ND confident for second round
    Image: MacroPolis

    PoliticsGreek Politics

    New Democracy is claiming that total dominance over municipal and regional government is within reach, as the results of the first round of elections served up few unpleasant surprises... there is still work to do to achieve the goal of securing total dominance at regional level, which

    2%

  5. Current account deficit drops further, at 6.85 bln up to Aug from 11 bln last year
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    , compared to a deficit of 3.05 billion euros in the same month last year. Total imports came to 6.61 billion euros in August, from 7.79 billion last year. At the same time, total exports came to 3.56 billion

    2%

  6. Number of unemployed falls 18.2 pct in Sep, overall unemployment rate down to 10 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of employed people increased by 70,724 people, with total employment staying above and now distancing...-on-year. Total hires were 2.14 million, against 1.86 million departures.

    2%

  7. Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
    Photo by MacroPolis

    EconomyBanking

    . The Group’s NPE cash coverage stood at 41 percent in 9M, while total coverage was 114 percent. P&L... Equity Tier 1 (CET1) ratio in 9M stood at 13.9 percent, from 11.8 percent in 9M 2022. The bank’s Total

    2%

  8. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    was 31 million euros. Total operating expenses stood at 596 million in 9M, from 616 million in 9M last.... Capital The fully loaded CET1 ratio in 9M 2023 was 12.9 percent, while the total capital ratio

    2%

  9. Opposition parties accuse ND of manipulating inquiry into Tempe crash
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    of the accident. A total of 266 MPs voted in favour of the motion, with only 32 votes from socialists PASOK... 150-350 euros, with a total cost to the budget of 350 million euros. Mitsotakis dismissed the accusation

    2%

  10. Significant improvement in oil balance reduces 9M current account deficit to 7.25 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in September, compared to a deficit of 3.69 billion euros in the same month last year. Total imports came to 6.98 billion euros in September, from 8.34 billion last year. At the same time, total exports

    2%