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  1. Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. Year-on-year, the figure for those employed increased by 88,205, a rise of 2.3 percent. Total... fewer unemployed people in September versus August, a drop of 1.1 percent. Compared to September... year-on-year. The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year

    11%
  2. IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    slowing down to real growth of 2.2 percent in 2020. Growth is then seen slowing down, setting at 1.2... are seen accelerating in the coming years, rising by 1.1 percent this year and 1.4 percent in 2020... billion euros to the IKA fund, and the self-employed, who owe a total of 16 billion euros

    11%
  3. Unemployment at 16.2 pct in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    percent of their remuneration. A total of 756,424 people were registered as unemployed in Q3... million. The employment rate increased by 2.2 percent compared to the previous quarter and decreased by 1.1 percent compared to the same quarter of the previous year The number of economically inactive

    11%
  4. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    of 47 basis points to the bank’s Total Capital Ratio. Cosmos is a capital neutral transaction... billion euros gross book value, and the sale of Sky portfolio of Cypriot NPEs worth 2.2 billion euros... includes 190,000 loans, 77 pct mortgages at 4.7 billion euros, 18 pct SMEs, 1.1 billion euros and 5

    11%
  5. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    pct this year and significantly lower at 1.8 pct of GDP next year. The total deficit settles at 0.9... deficit of 1.9 pct in 2022, with surpluses increasing from 1.1 pct of GDP in 2023 to 2 pct of GDP in 2027... under the current commitments expect Greece to return to a 2.2 pct of GDP surplus by 2024 and maintain

    11%
  6. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP..., with the deficit seen at 1.8 pct next year, which corresponds to a primary surplus of 1.1 pct, which

    11%
  7. Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop

    EconomyMacroeconomy

    (YoY), from a 1.1 percent increase in October, according to data released by the Hellenic Statistical... market was down by 9.4 percent. On a monthly basis, industrial turnover in the total market... by 2.2 percent. In respect to sentiment indicators, Greece’s Manufacturing PMI recorded a strong

    11%
  8. Renewed concern over East Med as Turkey aims to resume drilling
    Photo via https://flic.kr/p/2iH1sVj

    PoliticsForeign Policy

    put on hold its drilling program in Block 10 until September 2021, while Eni and Total are expected... and Total were to carry out exploratory drilling in Block 6, Yavuz’s planned area for drilling works... were not acquired by Greece under international law and that they are Turkish territory. In Libya

    11%
  9. PM hails Chevron bid as vote of confidence amid mixed reactions to TIF package
    Photo by MacroPolis

    PoliticsGreek Politics

    square kilometres, almost doubling the total offshore area under exploration to just over 90,000... total dependence on imports, including from Russia. Secondly, the government hopes that the involvement... the 2019 Turkey-Libya memorandum which claims some of the maritime zones south of Crete. The prospect

    11%
  10. New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    for the same period last year by 54.5 percent. In January, the total came to 776 million euros. New unpaid... of the total figure for new tax, or roughly 2.04 billion, stems from tax categories. The remainder is related.... The total number of tax debtors fell by 118,424 month-on-month in February, after a rise of 59,447 noted

    10%