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  1. OECD lowers growth forecast, warns Athens to maintain fiscal credibility
    Photo by MacroPolis

    EconomyMacroeconomy

    for next year is seen at 2 percent, from 2.1 percent in the previous outlook. The OECD highlights

    5%
  2. Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    within the EU 28 rose by 2 percent to 557,300. Arrivals from outside the EU showed an increase

    5%
  3. Unemployment drops to 18.1 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    . The unemployment rate for men stood at 14.4 percent, which marks a fall of 2 pps year-on-year. Broken down

    5%
  4. Mitsotakis vows to push on with tax cuts despite fiscal concerns

    PoliticsGreek Politics

    that this would allow Greece to pay off its debt quicker. “You have different revenues if you grow with 2

    5%
  5. Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
    Photo by MacroPolis

    EconomyMacroeconomy

    , the jobless rate has declined by 2 percentage points (pps) from the Q1 2018 figure of 21.2 percent

    5%
  6. Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
    Photo by MacroPolis

    EconomyMacroeconomy

    ELA-ceiling bulletin as the level had fallen below 2 billion euros. In March, it was also revealed

    5%
  7. Eurobank’s NPL sales take major step with two transactions
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has been code

    5%
  8. EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
    Photo by MacroPolis

    EconomyMacroeconomy

    insured with Greece's largest social security fund, which has close to 2 million members. The average

    5%
  9. Industrial production falls by 1.2 pct in May
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    March’s drop of 0.2 percent. Month-on-month (MoM), the index declined by 2 percent after a revised

    5%
  10. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 74,993 or a rise of 2 percent. Total employment reached 3.89 million people. ELSTAT’s

    5%