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  1. Foreign minister quits government, heaping pressure on Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    offer. The prime minister could have turned it down, as he has done when other ministers have offered... slowed down by the negative domestic reaction in Greece to the Macedonia name deal. It was considered best by Athens to let things cool down before proceeding to reach an agreement with Tirana. Kotzias

    2%
  2. Unemployment at 18.9 pct in August, unemployed remain under 1 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    unemployed went down by 95,760 or by 9.6 percent. The unemployed figure remains consistently below... percent, declining by 2.4 pps year-on-year. Broken down by age group, the largest annual drop was seen... went down the most in August 2018 compared to last year, this age group still has the highest rate

    2%
  3. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    forecasts that the contribution of exports to economic growth will slow down, but the recovery... that while employment growth has slowed down, the share of full-time employment is growing. Bank lending... government fiscal balance of 0.1 percent in 2019, down from 0.8 percent in 2018, which is expected

    2%
  4. Newsletter 184 -23/11/2018

    Newsletters

    down, but the recovery of household consumption and investment will pick up as confidence rises... to fall. The report noted that while employment growth has slowed down, the share of full-time... expects Greece to have a general government fiscal balance of 0.1 percent in 2019, down from 0.8 percent

    2%
  5. Unemployment at 18.6 pct in October as unemployed fall by 12.2 pct year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of those unemployed went down by 122,090 or by 12.2 percent. The unemployed figure remains.... The unemployment rate for men stood at 15 percent, declining by 2.1 pps year-on-year. Broken down by age... percent. Although youth employment went down the most in August 2018 compared to last year, this age

    2%
  6. Name deal approved as Tsipras and Mitsotakis look ahead to political impact
    Photo by MacroPolis

    PoliticsGreek Politics

    be stepping down as an MP and handing his parliamentary seat back to the nationalist party. During Thursday... Nikos Voutsis (SYRIZA) to disband his parliamentary group once Papchristopoulos steps down... is not displaying any signs of backing down. In a statement after the vote, he said “today

    2%
  7. Newsletter 192 -01/02/2019

    Newsletters

    after a period of 10 years. New Democracy attempted to play down both developments. It argued... introduced, reduced by 32 percent, down to 510 euros. This sharp reduction was then cascaded to all... posts strongest increase in a decade Greece’s economic sentiment (ESI) was down by 1.3 points

    2%
  8. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 5.63 billion euros across 2018, down... funds which were down by 194 million to 4.42 billion euros. The equivalent figure for 2017 was 4.61... risen by 9.59 billion euros. Bank of Greece lending edged down by 2 million euros month-on-month

    2%
  9. Newsletter 196 -01/03/2019

    Newsletters

    level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close..., 2.3 percent in 2020, 2.1 percent in 2021 and slow down further to 1.8 percent in 2022 and 1.8 percent... fell by 39 million, deepening from the decline of 12 million seen in December. Jan deposits down

    2%
  10. Newsletter 197 -8/03/2019

    Newsletters

    this to be brought down to 25 percent. Another condition is that the total value of other property held... to the local media by a senior government official, who claimed that bringing down primary surplus... was for a yield of 4.125 percent. However, the high demand for the note pushed the yield down to 3.90

    2%