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  1. Traditional sectors carry burden of job creation as unemployment levels fall
    Photo by MacroPolis

    EconomyMacroeconomy

    in December. Meanwhile, the number of unemployed fell below the 600,000-threshold. During

    2%
  2. Employment balance negative by 25,804 in Jan as pandemic support is wound down
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    Greece’s employment balance stayed negative in January as departures outpaced hires by 25,804, according to data from the Labour Ministry’s Ergani information system. This followed a negative balance of 2,598 more departures than hires in December. The balance in January 2021 was positive by 2,338

    2%
  3. Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
    Photo by EC - Audiovisual Service

    EconomyProgramme

    euros, or 62 pct of capital by September 2021, from 53 pct in December 2020. The institutions are also

    2%
  4. Economic sentiment stable in Feb, consumer confidence improves
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 10, coming off the recent high in December. The sector sentiment is up by 11.3 points since March

    2%
  5. Govt mulls more tools against inflation as cost of living set to soar
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    in December, followed by 5.5 pct in January. Based on this, officials expect the domestic CPI to surpass 7

    2%
  6. As imports soar, Jan trade deficit jumps by 98.7 pct; worst since Mar 2010
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued its upward trajectory in January, nearly doubling year-on-year by 98.7 percent, from a jump of 79 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The deficit came to 2.94 billion euros for the month

    2%
  7. Hopes of EU providing immediate relief wane as economic challenges multiply

    PoliticsGreek Politics

    are pricing a quarter-point hike in October compared with December before the meeting and see the key rate

    2%
  8. Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
    Photo by MacroPolis

    EconomyBanking

    to deposit ratio fell to 78 percent, stable QoQ and down from 90 percent last year. At the end of December

    2%
  9. DBRS moves Greece a notch closer to investment grade as Moody's holds off
    Photo by MacroPolis

    Economy

    of NPEs achieved last year, while the ECB reaffirmed its support for GGBs in December. The stable outlook

    2%
  10. Industrial turnover soars by 35.5 pct YoY in Jan, powered by petroleum products
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s industrial turnover remains in recovery mode, rising by 35.4 percent year-on-year (YoY) in January, after a 22.9 percent rise in December, according to data from the Hellenic Statistical Authority (ELSTAT) released on Monday. The index went into contraction in February 2020, when

    2%