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  1. Unemployment drops to 16.3 pct in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    group, the largest annual drop in unemployment was seen in the 15-24 years age group, where the rate

    5%

  2. Industrial production declines by 1.2 pct in January
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) dropped by 1.2 percent in year-on-year (YoY) in January compared to a downward revised drop of 4.2 percent in December according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The headline figure of January is the fourth consecutive

    5%

  3. Wages index down by 0.1 pct in Q4 2019

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index edged down by 0.1 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, following a drop of 1.2 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Thursday. The annual index has remained negative for two consecutive

    5%

  4. Turnover in services remains broadly positive in Q4 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the largest drop since Q4 2014 came from architectural and engineering activities (-35 percent), followed

    5%

  5. Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions

    EconomyProgramme

    resulting from the drop in economic activity will not affect compliance with the applicable fiscal rules

    5%

  6. Government readies up to 2 bln in assistance for shuttered firms and employees
    Photo via www.government.gov.gr

    Economy

    by the shuttering of some businesses and the drop in turnover in various sectors of the economy. Staikouras

    5%

  7. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the primary and secondary income accounts is mainly attributable to a drop in net receipts from

    5%

  8. Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
    Photo via www.government.gov.gr

    Economy

    a drop in their turnover due to the impact of Covid-19 will also be able to stop paying their tax

    5%

  9. Mitsotakis urges EU to act after European Council stalemate
    Photo by MacroPolis

    PoliticsGreek Politics

    , particularly preventing job losses and supporting business that suffer a drop in turnover. He referenced

    5%

  10. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    that in current prices GDP will drop to 172.5 billion, from 187.5 in 2019. The GAO also estimates

    5%