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  1. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year age group declined fastest compared to others in Q2, going down by 5.9 pp to 42.1 percent... for a job) edged down to 108,600 in Q2. The vast majority of unemployed (91.5 percent) are looking

    9%

  2. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in all four quarters, the last quarter of the year saw a substantial slow down with growth of only 0.1... but the import of intermediate goods for exports and investments stayed high and drove down

    9%

  3. Hirings balance positive by 6,556 in September but momentum slows down year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and over age group where the balance was negative by 347. Broken down by employment activity in each... as the new school year gets under way and the tourism season begins to wind down. In the aggregate

    9%

  4. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    to the latest operational targets submitted to the SSM in March 2019, banks aim to bring the ratio down... the lowest with 1.2 percent. Broken down by business activity, out of a total of 124.9 billion euros

    9%

  5. Greece tugged down in WEF competitiveness ranking by financial system, institutions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    138, down three places, for the quality of land administration and the Government ensuring policy... competitiveness of countries. Within the labour market, Greece scored 111th overall (down by four places

    9%

  6. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion euros compared to the same period last year, according... entities edged down by 6 million month-on-month, while non-gg entities fell by 34 million. With bank

    9%

  7. BoG revises growth forecast down to 3.2 pct amid growing uncertainty
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The uncertain times across the global economy were captured in the latest monetary policy report by the Bank of Greece, which revised down its Greek growth forecast to 3.2 pct for 2022, from the 3.8..., which have managed since the peak of December 2016 to shed 91 billion euros of bad debt, down

    9%

  8. Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
    Photo by MacroPolis

    EconomyMacroeconomy

    percent while volume is also down by 2.9 percent. This is a much more modest construction activity from... by 2.5 points to -29.4. Construction is now 31 points down from October last year and off

    9%

  9. Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    and ships, the aggregate deficit was down by 11.6 percent, at 5.49 billion euros. Year to date... were down by 1.3 percent at 10.95 billion euros. Exports to EU countries increased 22.9 percent

    9%

  10. Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros, down from 12.08 billion euros in 2022. The oil deficit is more modest, from 3.61 billion... was 7.47 billion euros, from 8.43 billion euros in 2022. Imports totalled 26.98 billion euros, down from

    9%