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  1. ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    of the total population, a drop of 1.8 percentage points (pps) compared to 2018. The risk of poverty

    2%

  2. Wages index up by 0.8 pct in Q1 2020

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned slightly positive by 0.8 percent year-on-year (YoY) in the first quarter (Q1) of 2020, following a drop of 0.1 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The annual index has returned to positive territory

    2%

  3. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    the target for May. Expenditure Along with a sharp drop in revenue, a rise in expenditure also drove

    2%

  4. BoG highlights how Covid-19 compounds legacy issues and structural challenges
    Photo by MacroPolis

    Economy

    . There is a milder scenario of a 4.4 pct drop in 2020, while in the adverse, which essentially assumes

    2%

  5. Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased sharply by 24.7 percent in April following an upward revised drop of 0.7 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The current month’s reading represents a new series low, surpassing the previous low of -17.9 percent seen

    2%

  6. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    to drop by almost 8 percent on the year,” they concluded.

    2%

  7. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    recovery,” the bank said. In the first quarter of the year, BoG said that Greece’s banks noted a drop

    2%

  8. PM wants no strings attached to EU funds as ND juggles with public finances
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    package is mostly driven by the reduction in the tax advance, which will drop from 2.4 billion euros

    2%

  9. New study shows Greek population more than halving by 2100
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    fertility rate, Greece’s population would drop from 10.4 million in 2017 to 5.5 million in 2100, while

    2%

  10. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    the efforts to drop it by a quarter since the peak. Fitch also expects the pandemic to delay the plans

    2%