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  1. Cost of living remains public's top worry, as government slashes green transition budget
    Photo by MacroPolis

    PoliticsGreek Politics

    in the target for electricity storage from 700 MW to 2 GW to address stresses to the grid from the rapid

    10%

  2. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    +’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct

    10%

  3. Government seeking to tie up loose ends before summer break
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The government is hoping to make use of the last few days of parliamentary activity before the summer recess to pass several bills, while a shake-up of the general secretaries at a range of ministries is also expected in the coming days. Parliament is expected to sit until August 2, before MPs

    10%

  4. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period

    10%

  5. June unemployment rate at 9.6 pct as seasonality favours labour market
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 9 percent in June 2023. Youth unemployment dropped by 2 pps year-on-year to 22.5 percent, while

    10%

  6. Central govt debt rises by 1.5 bln in Q2, to 407 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q2 debt movements reflect a rise of nearly 2 billion euros in bonds and higher repos by roughly of 1.5 billion euros

    10%

  7. Housing tops government plans for policy reset in autumn
    Image: MacroPolis

    PoliticsGreek Politics

    “My Home” scheme could have a budget of around 2 billion euros. Other ideas that have been floated

    10%

  8. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    euros in deficit, from 2 billion euros in June 2023. The travel balance showed a surplus of 2.86

    10%

  9. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    pct in August last year. In the eurozone, the average spread does not exceed 2 pct. Greek banks

    10%

  10. Unemployment rate edges up to 9.9 pct in July
    Image: MacroPolis

    EconomyMacroeconomy

    among women fell by almost 2 percentage points (pps) year-on-year and came to 12.5 percent, while

    10%