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Turkey: Fires expose how Erdogan's regime is descending into farce and caricature
Agora, throwing packets of tea at bystanders from his moving bus, was just the latest in a series
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Unemployment at 15 pct in June
EconomyMacroeconomyfor men stood at 11.8 percent, equal to a drop of 3.8 pps year-on-year. The latest available data
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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomy. The latest confidence indicator for July released by the European Commission showed
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyThe latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY). ELSTAT has been monitoring the impact of the pandemic
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Retail turnover rises by 11.7 pct and volume by 10.8 pct in June
EconomyMacroeconomyby 0.6 percent compared to May, while volume dropped by 1.4 percent. The latest business indicators
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PM removes under-fire ministers from posts in late-summer reshuffle
PoliticsGreek Politicssuch positions. It is also worth noting the creation of a new ministry and the latest appointments are also
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General govt balance deteriorates due to deficits of state and social security funds
EconomyMacroeconomyGreece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin. In the underlying subcategories, the state
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Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
EconomyBankingThe Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years. Broken down by segment, consumer NPEs were the highest at 33.6 pct, followed by roughly equal percentage
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Price hikes pose fresh challenge for government
PoliticsGreek PoliticsThere are indications that following the latest GDP data announced this week, Mitsotakis may even have
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek PoliticsApostolakis to the post and 52 pct said he was right not to accept it. Covid measures The latest
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