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  1. Greece falls to 79 out of 190 economies in ease of doing business ranking

    EconomyFeatures

    of 11, markedly better than the 2019 score of 44. In remaining fields, scores varied widely... dropped by more than half, from 19 to 8, which is below the OECD average of 10.3. The time involved

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  2. Unemployment edges down to 16.7 pct, lowest since April 2011
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    ’s Ergani database for September showed that there were 2,651 more hirings than firings. Compared... more hirings than departures. Ergani noted that the balance for the first nine months of the year

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  3. Newsletter 227 -08/11/2019

    Newsletters

    . Overall, the EC expects Greece to grow by 1.8 percent in 2019, which is lower than the 2.2 percent... months of the year revealed that new tax debt totalled 5.27 billion, lower than the figure

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  4. Building permits increase by 27 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1,478 permits. However, it is still roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent

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  5. IMF consultation report pinpoints health of Greek banks as central to growth
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyBanking

    sector policies, forbearance, sovereign debt restructuring, deeper-than-expected recession, changing... should include even faster NPE reduction than that proposed by banks and the government, aiming to bring

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  6. October budget primary surplus confirmed at 5.74 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 47.30 billion euros, also higher than the target by 95 million euros. The MoF noted that the increase..., beating their target by 95 million euros, and standing 5.6 percent higher than for the same time

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  7. Government opts for modest tax relief, but who will benefit?

    EconomyFeatures

    to this change, making the impact on disposable income little more than symbolic in absolute terms. Earners... than that implied by the broad pre-election pledges, which could easily have cost in the region of 1.3

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  8. Newsletter 230 -29/11/2019

    Newsletters

    . The bill was tabled late on Tuesday after more than a dozen changes were made to the draft.... The amount due to the IMF stood in excess of 2 billion euros and was significantly higher than

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  9. Building permits increase by 8.5 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures

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  10. Budget primary surplus at 6.95 bln in Nov as expenditure drops

    EconomyMacroeconomy

    by 251 million euros. On an aggregate basis, gross revenues came to 52.70 billion euros, higher than... percent higher than for the same time last year. Expenditure Primary expenditure came to 3.27 billion

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