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  1. Industrial turnover records five months of contraction after 6.2 pct drop in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    , industry confidence has risen by 4 points. Overall, economic sentiment (ESI) recorded a drop of almost 3

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

    EconomyMacroeconomy

    . The unemployment rate among women fell by over 3 percentage points (pps) year-on-year and came to 12.4

    6%
  3. NBG's NII rises by 73 pct to 1.64 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    billion, up by 59 percent annually. Operating expenses in 9M were 602 million euros, up by 3 percent

    6%
  4. Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    . Balance sheet Eurosystem funding dropped by over 3 billion euros QoQ in 9M to 4.19 billion euros

    6%
  5. Newsletter 401 - 10/11/2023

    Newsletters

    line of the four systemic lenders up to September came close to 3 billion euros, suggesting

    6%
  6. Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln

    EconomyBanking

    to institutional investors and 3 pct to Greek retail investors. The bank’s current capitalisation is just

    6%
  7. Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
    Finance Ministry

    EconomyMacroeconomy

    . The overall balance is better than the target by 3 billion euros. Revenues Net revenues

    6%
  8. What is driving the Greek housing market's recovery?
    Photo by MacroPolis

    EconomyFeatures

    completed entirely in cash, while almost 3 billion euros’ worth of purchases were settled partly in cash

    6%
  9. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    from 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects

    6%
  10. Unpopular tax bill set to become law despite objections

    PoliticsGreek Politics

    contributes just 3 percent of total tax revenues, which compares unfavourably with all OECD countries

    6%