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  1. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    euros in the same month last year. Total imports came to 6.65 billion euros in June, from 6.74 billion last year. At the same time, total exports came to 4.18 billion euros, from 4.04 billion in June

    11%
  2. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    Over recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total.... This was a jump that ranged from 40 to 65 pct year-on-year. In H1, total NII topped 4 billion euros, indicating

    11%
  3. Unemployment rate edges up to 9.9 pct in July
    Image: MacroPolis

    EconomyMacroeconomy

    of employed people increased by 26,303 people, with total employment comfortably staying well above..., the hiring balance was positive by 339,208 jobs, improving by 34,290 jobs year-on-year. Total hires were

    11%
  4. Moody's latest agency to up outlook to positive, keeps rating below investment grade
    Photo by Panayiotos Tzamaros

    Economy

    that the total envelope is worth 16.3 pct of GDP and out the total of 36 billion euros in grants

    11%
  5. Unemployment edges down to 9.5 pct in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 103,054 people, with total employment comfortably staying well above the four-million.... Total hires were 2.23 million, against 1.93 million departures.

    11%
  6. Aug hiring balance improves annually, 8M up by 18,350 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    . Total hirings in August came to 214,678 versus 219,759 departures. Voluntary departures accounted for roughly 42 pct of the total, with the remaining classed as layoffs and termination of contracts

    11%
  7. Unemployment drops further in Sep, dipping to 9.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in May 2008. Year-on-year, the number of employed people increased by 66,317 people, with total... jobs, improving by 18,350 jobs year-on-year. Total hires were 2.23 million, against 1.93 million

    11%
  8. Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
    Photo by MacroPolis

    EconomyMacroeconomy

    will be 2.4 percent of GDP, from 2.5 percent this year, while the total deficit will be comfortably below 1... euros. Expenditure will also rise notably to 80.5 billion euros, from 76.5 billion euros in 2024. Total

    11%
  9. Details of 2025 budget point to complex economic challenges ahead
    Image: MacroPolis

    EconomyMacroeconomy

    . This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget... the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal composition

    11%
  10. Unemployment rate edges up to 9.8 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 67,723 people, with total employment comfortably staying well above the four-million mark.... Total hires were 2.23 million, against 1.93 million departures.

    11%