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  1. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    almost four times, from 1.39 billion in the first five months of 2021 to 4.28 billion euros this year

    4%
  2. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    As in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate the winds of a high debt ratio of 185 percent of GDP towards a debt

    4%
  3. Unemployment rate hovers at 12.5 pct in May, improves by 3 pps on last year
    Photo by MacroPolis

    EconomyMacroeconomy

    people increased by 228,355 in May, with total employment staying above the four-million mark

    4%
  4. Building permits turn negative for first time in more than a year, falling by 10 pct in April
    Image: MacroPolis

    EconomyMacroeconomy

    of permits were issued in Western Macedonia with 29. During the first four months of 2022, permits

    4%
  5. Government on mission to manage expectations in anticipation of tough winter
    Image: https://www.flickr.com/photos/151653494@N04/

    PoliticsGreek Politics

    a shrinking population in a number of regions, is expected to add four more single-seat districts

    4%
  6. Questions linger following PM's statement on surveillance of political rival

    PoliticsGreek Politics

    pledged to overhaul EYP and bolster its democratic oversight. He outlined a four-point proposal which

    4%
  7. Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in June, with total employment staying above the four-million mark, at roughly 4.15 million people

    4%
  8. Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) recorded back-to-back gains in June, rising by 8.4 percent year-on-year (YoY), after increasing by 3.6 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. The index has now grown in four out of first six months

    4%
  9. Growth in private sector deposits slows to 483 mln in July as corporate deposits drop
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in July slowed down to the lowest since April, rising by 483 million euros, from a jump of 2.72 billion euros in June, and 1.31 billion euros in May, based on Bank of Greece (BoG) figures released on Friday. The latest four months

    4%
  10. Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing

    EconomyMacroeconomy

    . Lower production also led to a decrease in purchasing activity, falling at a solid pace for four

    4%