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  1. Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rose by 4.6 percent year-on-year (YoY) in the third quarter (Q3) of the year, gaining on a rise of 2.6 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index cap...

    5%

  2. Building permits rise by 6.6 pct in September, up by 9 pct in 9M
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Building permits rose by 6.6 percent year-on-year (YoY) in September compared to an increase of 13.3 percent in August, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The latest monthly headline figure represents a sixth consec...

    5%

  3. Retail turnover up by 4 pct in Nov, volume rises by 3.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index rose by 4 percent in November against a slightly downward revised fall of 2.3 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The headline figure returns the index to positive ground after...

    5%

  4. Tsipras ramps up fiscal pledges as elections draw closer

    PoliticsGreek Politics

    Even though his government has just adopted the latest package of fiscal expansionary measures, Prime Minister Alexis Tsipras is not holding back in pledging similar interventions before the general elections later this year. The SYRIZA leader suggested...

    5%

  5. Deposits up by 1.54 bln in April, rising for second consecutive month
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned positive by 1.54 billion in April after inflows of 1.22 billion euros in March, Bank of Greece (BoG) figures revealed. The current month’s flow marks two months of positive inflows after two months...

    5%

  6. Wages index up by 1.8 pct in Q1 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index rose by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2019, following an upward revised rise of 5 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages...

    5%

  7. Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate stood at 19.2 percent in the first quarter (Q1) of the year, increasing from the rate of 18.7 percent noted in Q4 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Despite the r...

    5%

  8. Mitsotakis steps up pressure on voters to avoid July 7 letdown

    PoliticsGreek Politics

    Opposition leader Kyriakos Mitsotakis has increased the pressure on voters to back his party on July 7, warning that if there is not a clear outcome, a second vote may have to be held in mid-August, spoiling Greeks’ holidays. Mitsotakis’s comment is the...

    5%

  9. PMI edges up to 54.9 in August as production, new orders soar

    EconomyMacroeconomy

    Greece’s manufacturing PMI rose to 54.9 points in August from 54.6 points in July, according to the latest data from Markit PMI. The latest headline figure reached its highest level in four months, backed by improvements in the health of the Greek manuf...

    5%

  10. Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyBanking

    The Greek government appears to have submitted to the European Commission its final proposal for an Asset Purchase Scheme (APS), which it hopes will help local banks substantially reduce their stock of non-performing loans. According to a report in Kath...

    5%