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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the lowest since January 2011, when a drop of -0.2 percent was noted. The net lending flow remained... balance falling to 55.64 billion euros. Loans to sole proprietors edged up by 1 million euros after

    6%

  9. ND ready to flesh out its policy agenda, with focus on tax plans

    PoliticsGreek Politics

    replace SYRIZA’s reduction this year with its own 10 percent horizontal cut, and follow this up with two... to an estimated drop of 565 million euros in revenues. However, the government will also have to reveal its

    6%

  10. Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln

    EconomyMacroeconomy

    which has stayed at levels not seen since January 2011, when a drop of -0.2 percent was noted... billion euros. Loans to sole proprietors dropped up by 5 million euros after a slight positive reading

    6%