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  1. Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure

    EconomyMacroeconomy

    euros. January’s figure was driven largely by a drop of 656.7 billion in Emergency Liquidity... of Eurosystem funding for January revealed that ECB funding made up the vast majority of total

    6%

  2. Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion for a second consecutive month. February’s figure was driven largely by a drop of 197... of Eurosystem funding for February revealed that ECB funding made up almost all funding, having

    6%

  3. Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
    Photo by MacroPolis

    EconomyProgramme

    the institutions to drop the measure. So far, the lenders have appeared largely adamant that the change, bringing... for Greece’s programmes. Although last year’s fiscal space has been taken up by various measures

    6%

  4. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    before settling at an increase of 10.8 percent next year. The drop in investment in turn impacted public consumption, which fell by 2.5 percent last year but is seen as picking up by 3.1 percent this year

    6%

  5. Unemployment for Feb comes to 18.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , the largest annual drop was seen in the 15-24 years age group, where the rate fell by 7.2 pps... percent. For those aged 25-25, the unemployment rate edged up by 0.1 pps to 25.4 percent compared to 25.3

    6%

  6. Industrial production drops by 2.7 pct in Mar
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    readings. Month-on-month (MoM), the index edged up by 0.2 percent after a revised increase of 3.6... production index along with an increase of 0.9 percent in the water supply production index. A drop

    6%

  7. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    QoQ after a drop of 0.3 percent in Q4, staying negative for a third quarter. Compared... on a QoQ and YoY basis. Final consumption represents the majority of GDP, making up over 88 percent

    6%

  8. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    , the Commission indicated Greece will be close to its 3.5 percent of GDP target up to 2023, with 2022 showing... generous schemes, leading to a drop in revenues. The estimated loss of revenue is seen between 0.3

    6%

  9. Turnover in tourism drops by 19.2 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    , when the index dropped by 5.4 percent year-on-year. The 19.2 percent drop in Q1 is the sharpest year... (SETE) annual outlook had predicted that tourist numbers could reach up to 30 million in 2018

    6%

  10. Report exposes fractured and incomplete response to refugees

    Society

    of interest due to low salaries and a high drop-out rate which led to gaps in coverage. Around 50.... The solution that authorities came up with was to host the removed refugees in hotels, which the report notes

    6%