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  1. Newsletter 400 - 03/11/2023

    Newsletters

    it first came to power in 2019, New Democracy’s respect for Greece’s institutions has come under scrutiny... of first instance prosecutors that had been working on the probe in the previous months. The file has been..., as the government has argued. Also, last week Rammos spoke to MEPs about his concerns regarding

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  2. Tsipras limits pledges and expectations in Thessaloniki
    Photo by MacroPolis

    PoliticsGreek Politics

    slightly less painful reading than other recent surveys for Tsipras. It still showed SYRIZA trailing..., the steps are: 1) Completion of the next programme review, 2) Defining debt relief measures, 3) Greece’s... on Friday that talks about short-term measures are taking place. The Greek premier made a point of playing

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  3. Unemployment at 27.2 pct in May, hardly changed from previous months

    EconomyMacroeconomy

    the past two years, yet it has more than doubled compared to the May 2009 figure of 24.9 percent... in May from 28 percent in April. The peak of 29.1 percent was recorded in September 2013 and it has.... The number of inactive people - who are not measured in the labour force – continued heading south

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  4. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    activity is showing signs of fragile recovery and Greece has started growing, albeit anemically... and soaring unemployment has fuelled Greece’s economic demise. The Medium Term Fiscal Strategy sees household... Product measured in constant prices declined by 0.2 percent year on year, which was better than

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  5. Greek unemployment rate hovers at 27 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    figure is the lowest since 2011, while has more than doubled over the 24.4 percent posted in June... rate, at 27.6 and 27.5 percent respectively. In contrast, the Aegean has the lowest jobless rate... percent receive the monthly 360-euro benefit. The number of inactive people - who are not measured

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  6. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    figure has surged by 910,000, or 3.4 times. As expected, the NSA figures showed a higher monthly... in July and has more than doubled since 2009. The next three age groups (25-34 years old, 35-44... benefit. The number of inactive people - who are not measured in the labour force – continued

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  7. Births rise slightly, divorces fall in latest living conditions report
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    The latest report on living conditions in Greece by the Hellenic Statistical Authority (ELSTAT) has... since. In 2016, the latest year for which data has been made available, the number of marriages dropped... for vulnerable groups. Material deprivation, measured as the percentage of the population that cannot afford

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  8. Coalition agrees policy framework: Purpose unclear, impact doubtful
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Venizelos has mentioned many times over the last couple of years without going into any great detail... this document was needed. There are two main reasons for its existence. The first has to do with domestic.... The second reason the policy framework has been approved now is that it is a show of unity to Greece’s

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  9. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    fulfilled. Nevertheless, since the budget has yet to be rubber stamped by the troika, the next critical... the gradual increase in tax compliance and we understand that the final figure has to be agreed... last visit to Athens: “Good progress has been made, but a few issues remain outstanding following

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  10. The Cyprus bailout is different, not only due to the bail-in
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    if Official Sector Involvement (OSI) will take place in the eurozone bailout countries as it has already... the bailout window period. Although the principal remains the same, the loan has been pushed forward... to take part in the pain of restructuring. In terms of fiscal consolidation the ESM/IMF has found

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