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  1. Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Following a disappointing result in the European Parliament elections on June 9, in which New Democracy fell almost 5 points short of its own target of 33 pct and experienced a sharp drop in support compared to the 41 pct it got just one year ago in the national elections, Prime Minister Kyriakos

    2%

  2. Credit expansion reaches just 66 mln of inflows in May

    EconomyMacroeconomy

    was positive by 105 million euros, after a drop of 730 million euros in April. Within corporate lending

    2%

  3. Unemployment rate almost unchanged at 10.6 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    month of 2023, amounting to 504,924, a 2.2 percent drop. Unemployment remained above the half

    2%

  4. Newsletter 430 - 05/07/2024

    Newsletters

    . Hungary, which is in the second worst position, saw hourly wages drop by 15 pct in the same period

    2%

  5. Electricity and manufacturing boost industrial production for 6.7 pct growth in June

    EconomyMacroeconomy

    index in May recorded a drop of 3.4 percent, after a jump of 7.5 percent in the previous month

    2%

  6. Growth in vehicle sales remains subdued in June, H1 up by 6.5 pct YoY
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 3.6 percent year-on-year (YoY) in June, after a drop of 0.8 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In June 2023, licences had grown by 9.2 percent annually. Car sales

    2%

  7. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    on a favourable trajectory that will drop from the high of 207 pct of GDP in 2020 due to the pandemic

    2%

  8. Construction market remains strong in Apr as building permits rise by 40 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    noted in the Ionian islands with 72.6 percent, with Epirus recording a drop of 7.7 percent. The low

    2%

  9. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    from August last year. Construction confidence also had a significant drop to 7.6 points, from 15.6

    2%

  10. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance moderated in June, with 23,961 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous

    2%