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  1. Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
    Image: https://flic.kr/p/ARpkYe

    PoliticsGreek Politics

    power than many of its peers. Third party PASOK-KINAL said the funds for the support package came... to employ RRF funds to invest in insulation and heat pumps rather than using budget funds to subsidise

    3%

  2. Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    or placed employees on furlough schemes. Although higher than the previous month, the latest levels... showed that Greece’s employment balance in July had 2,999 more hirings than firings. During the seven

    3%

  3. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    of long-term unemployed (more than 1 year) came to 370,400 people, representing 62.6 percent of the total unemployed. Alarmingly, the largest portion, 149,700, has not worked for more than four years

    3%

  4. Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
    Finance Ministry

    EconomyMacroeconomy

    deficit in August 2021. The overall balance is better than the target by 5.88 billion euros. Revenues Net... million. PIB expenditure came to 4.94 billion euros, higher than the target by 783 million euros

    3%

  5. Athens responds to Erdogan's accusations as Mitsotakis readies UN address
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    “what happened to the Greek community of Istanbul and how the thriving – with more than 100,000 members once - community, today numbers less than 5,000 people.” Differing opinions It is uncertain

    3%

  6. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance moved into deep negative territory in August as there were 32,966 more departures than hires, according to data from the Labour Ministry’s Ergani information system. In July there were 2,999 more hires than departures, while there was a significant acceleration

    3%

  7. Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    previously was expected at 3.5 pct in April’s WEO, and lower than the 2.6 pct growth forecast... account deficits that started building up in 2020 when it more than tripled to 7.3 pct of GDP

    3%

  8. Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in September 2021. The overall balance is better than the target by 5.84 billion euros. Revenues Net.... PIB expenditure came to 5.57 billion euros, higher than the target by 669 million euros. Overall

    3%

  9. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance turned positive in September with 26,238 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In August, the balance was negative with 32,966 more departures than hires, while there was an improvement by 6,511 more jobs

    3%

  10. Travel surplus at 11.46 bln for 8M, beating 2019 record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 3.83 billion euros in August, from a 3.52-billion-euro surplus in July, according to Bank of Greece (BoG) data released on Monday. August’s balance was significantly higher than the 3.02 billion euros registered in August 2021. It was also higher than

    3%