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EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
EconomyMacroeconomy’s estimate is slightly lower from the 6 pct growth seen in the spring forecasts in May. Although
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Unemployment stable at 12.2 pct in August despite strong tourism season
EconomyMacroeconomyin July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number
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Military chief caught in wiretapping affair's sights, prompting strong ND response
PoliticsGreek Politics. While such claims struggle to stand up to any scrutiny, they may have been effective enough
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Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
EconomyMacroeconomypercent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year
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Signs of rally for ND despite strong dissatisfaction among voters
PoliticsGreek Politicssupport may have rallied as ND gears up for the upcoming European Parliament elections. The party
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299...). The latter largely reflects increased non-residents’ arrivals in May (+13.2 percent). Despite the C/A surplus in May, the aggregate figures for the 5-month period point to a small widening of the C
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsis due to be held on May 9 but it is still not clear how Athens and its creditors will arrive... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high..., while Tsipras may repeat his call for a summit of eurozone leaders if the May 9 meeting proves
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Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding fell again in May for the 11th successive month, declining by 3.86... showed on Monday. The change in May represents the highest monthly decrease in the course of 2016... reading since January 2015. The recorded drop in Central Bank funding in May almost equally reflects
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Industrial production up again in May with 2.9 pct increase
EconomyMacroeconomyGreece’s industrial production continued its rebound in May, posting an increase of 2.9 percent compared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to April. In the year to date, industrial
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Net job hirings reach new high of 89,534 in May, 5-month figure a record
EconomyMacroeconomyThe employment balance stayed positive in May 2017 with net hirings climbing by around 13,000... on Wednesday. This year’s figure is the highest positive reading for May since 2001. It is worth noting that May has had a positive employment balance over the last 17 years. Specifically, hirings stood
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