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IMF approves Article IV consultation, growth seen resilient
EconomyMacroeconomy. On the fiscal front, the primary balance is seen doubling to a surplus of 2.1 pct of GDP, from 1.1 pct of GDP in 2023. The overall balance comes under 1 pct of GDP in deficit, at 0.9 pct, almost halving
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomy. The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment balance..., the hiring balance reached 116,649, improved by 43,802 more jobs year-on-year. Total hires were 3.21
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingmillion in 2022, up by 75 percent. Asset quality Following a very busy 2021 in terms of the balance... ago. Loan loss impairments rose by 6 percent to 308 million euros, from 291 million in 2022. Balance
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Unemployment increases MoM in Feb, rising to 11 pct
EconomyMacroeconomythat Greece’s employment balance turned positive in February, with 24,543 more hires than departures..., the balance was negative by 7,454 jobs, just over 3,000 jobs worse than the same period last year.
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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
EconomyMacroeconomycommitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP this year and will remain at that level during the forecast horizon up to 2029. The overall budget balance
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Newsletter 428 - 21/06/2024
the challenges in the banking system, despite serious progress over the last few years in balance... up to April. The travel balance reached a surplus of 937.8 million euros. Industrial turnover Led
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Tough choices ahead for Mitsotakis, as reforms risk irking voters
PoliticsGreek Politics. Back in Athens, his administration must balance a delicate equation, having lined up several measures... to offer workers the flexibility to pursue a work-life balance. The new regime has sparked criticism
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Newsletter 449 - 31/01/2025
was essentially in balance, from an anticipated 0.7 pct deficit. However, Greece must tread a very... the outstanding balance to 203.76 billion euros, surpassing the 200 billion euros mark for the first time
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek Politicsof a work-life balance. They argue that the essence of the proposals contrasts starkly... for workers’ work-life balance. The statement notes that the average salary in Greece is 52 pct
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Gaza continues to expose political fault lines as PM hopes peace deal brings less scrutiny
PoliticsGreek Politicsaligning Greece too closely with controversial foreign positions. Tricky balance The clash reflects a deeper fault line in Greek politics: how to balance strategic partnerships - especially with Israel
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