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  1. Newsletter 419 - 05/04/2024

    Newsletters

    , a significant drop of more than 37 pct, from the 8 billion euros of 2022. That said, FDI in 2022.... The unemployment rate was 11.2 pct in February last year. There was a negligible drop in the unemployed

    2%

  2. Deposits reverse contraction in Mar with 1.67 bln growth
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG... to 197.21 billion euros, after a 1.8-billion euros drop in February.

    2%

  3. EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    year, at 9.7 pct from 10.1 pct in 2024. The current account balance will drop slightly to 5.2 pct of GDP deficit in 2024 and drop further to 4.8 pct of GDP next year. Inflation is expected to slow

    2%

  4. Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros in Q1 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q1 debt movements reflect a drop of nearly 2.5 billion euros in repos and lower Financial Stability Mechanism (FSM) loans

    2%

  5. Newsletter 428 - 21/06/2024

    Newsletters

    to yield results in the form of a drop in inflation, however he acknowledged that the real goal... by manufacturing, industrial turnover jumped by 18 pct in April, from a drop of 6.1 pct in the previous

    2%

  6. Greece's ongoing divestment from banking sector creates new lender, stirs controversy
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    that Thrivest executes its own, which will see the Greek state holding drop to 35-37 pct. In this way... participation in the Hercules III APS will drop its NPE ratio to 3 pct, from 60 pct that is the respective

    2%

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

    EconomyMacroeconomy

    of 2023, amounting to 456,663, a 15.8 percent drop. Unemployment dropped back below the half million... drop of 4,800 jobs. For the first half of 2024, the hiring balance was positive by 339,208 jobs

    2%

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

    EconomyMacroeconomy

    compared with the same month of 2023, amounting to 465,167, an 11.8 percent drop. Unemployment... last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs. For the first half of 2024

    2%

  9. Newsletter 432 - 06/09/2024

    Newsletters

    by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop.... The ministry said that Greece had the largest drop in unemployment, the cumulative growth

    2%

  10. Deposits resume growth in Aug, rising to 195.36 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system resumed growth in August with a rise of 1.4 billion euros, after a 607-million-euro drop in July, according to the latest Bank of Greece... billion euros, after an 868-million euros drop in July.

    2%