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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyIn its latest World Economic Outlook (WEO) published on Tuesday, the International Monetary Fund was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous forecasts released on April 12. GDP is now expected to grow by 0.1 percent in 2016 compared
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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August from 0.86 percent in the previous two months, Bank of Greece (BoG) data displayed on Tuesday. The latest headline figure is the highest reading since April. It has been hovering between 0.85 and 0.88
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Greek teens less likely to smoke, get drunk than European peers but gamble more
SocietyTeenage Greeks are less likely to be smokers, find it easier to access alcohol but don’t binge drink, and are the most likely to have gambled for money than their peers in Europe. These are some of the main findings of the latest European School Survey Project on Alcohol and Other Drugs (ESPAD
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Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July, when it fell to 23.2 percent from 23.4 percent in June, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The latest headline figure is the lowest unemployment
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Row with church too much for Tsipras's fragile coalition
Agoralatest plan as well, prompting a war of words that included Fylis accusing the Church of Greece
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Tsipras's meeting with judiciary seen crossing the line
PoliticsGreek Politicsof voters “probably trust” the judicial system), the latest developments are likely to damage further
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomyand quarrying as well as in electricity production by 18.8 and 1.7 percent respectively. The latest industry
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Despite the drama, Kammenos proves reliable coalition partner for Tsipras
PoliticsGreek Politicsan eyelid. That is why his latest threat to quit should be treated with some scepticism. In fact, ANEL
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesand export profile. According to the latest data from Hellenic Association of Pharmaceutical companies
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Erdogan comments draw new, but cautious, response from Athens
PoliticsForeign PolicyAthens has been forced to respond to remarks by Turkey’s President Recep Tayyip Erdogan suggesting that Ankara should back the interests of populations formerly under Ottoman rule, which are the latest in a series of comments that views Greece sees as provocative. Speaking at the Recep Tayyip
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