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  1. Data underlines Greece still has big wage gap to bridge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the MoU policies dictated a drop in the minimum wage to 580 euros, adding a sub-minimum wage for workers

    2%

  2. Unemployment edges down to 9.5 pct in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    with the same month of 2023, amounting to 444,402, a 2.5 percent drop. Unemployment is moving away from

    2%

  3. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    will drop further to 1.57 billion euros, or 0.6 pct of GDP, from 2.26 billion euros at 1 pct of GDP

    2%

  4. Trade deficit reaches 22 bln in 8M as exports continue to slide
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 6.5 percent year-on-year (YoY) in August, after a rise of 6.6 percent in July, according to data released by ELSTAT on Tuesday. The deficit came to 2.54 billion euros for August. Imports totalled 6.21 billion euros, dropping by 3.7 percent YoY. Exports

    2%

  5. Growth of industrial production moderates to 3.1 pct YoY in Aug
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    August 2023. Month-on-month (MoM), the seasonally adjusted index in August recorded a drop of 4 percent

    2%

  6. SYRIZA's ongoing drama creates space for winner of PASOK leadership vote
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    . The Cretan MP was seemingly unable to convince Kasselakis to drop the writ, allowing the party

    2%

  7. Draft budget maps out narrow fiscal path for coming years
    Image: MacroPolis

    EconomyMacroeconomy

    of lower state income from the drop of the trade tax. With Greeks severely challenged by weak disposable

    2%

  8. Revision of GDP to have varied knock-on effect
    Photo by MacroPolis

    EconomyMacroeconomy

    is on a strong recovery path since the 9.2 pct drop suffered in 2020 due to the COVID-19 outbreak

    2%

  9. Economic sentiment drops in Oct, spurred by retail and construction
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    had a drop to 37.3 points, from 40.8 points in the previous month. Services confidence is now

    2%

  10. Unemployment drops further in Sep, dipping to 9.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 437,648, a 13 percent drop. Unemployment is moving away from the half million-mark after it had peaked

    2%