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Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
EconomyMacroeconomyyears, with a drop of 2 pps. The unemployment rate for this group came to 14.1 percent. Regionally
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicsa 2 pct discount on the total. Eurogroup Mitsotakis also referred to the Eurogroup decision a few
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Newsletter 254 -19/06/2020
(+38.7 percent) and postal and courier activities (+15.4 percent). 2 Unemployment drops to 16.2 pct
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Criticism of Athens "Great Walk" prompts debate on public spaces
PoliticsGreek Politicsundemocratic and ineffective”. Iliopoulos said that 2 million euros had been wasted on unsuitable fittings
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyloans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell
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PM wants no strings attached to EU funds as ND juggles with public finances
PoliticsGreek Politicsof 3.5 billion euros, with a direct fiscal impact of 2 billion, taking the total to date to 14-15
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OECD forecasts unemployment increase into 2021
EconomyFeatures. Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which
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Newsletter 258 -07/17/2020
as negative were addressed. Out of those already investing in Greece, the figure reached 83 percent. 2
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OECD releases new outlook calling for sustained reforms post Covid-19
EconomyThe latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic, which heralded a slowdown. The OECD noted that while Greece has been successful in containing
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R&D and innovation remain low in Greece, OECD finds
EconomyFeaturesscientists. Based on OECD research, Greece lost 2 percent of scientific authors in 2016 to outflows, which
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