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  1. Unemployment at 19.1 pct in June, under 20 pct for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than hirings during the month, turning negative after five months of positive employment balance in the Greek job market. In the aggregate period, the employment balance showed 289,561 more hirings than

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  2. Tsipras confident on pension cuts, reticent on snap elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    fiscal pain than previous governments. Next elections In his interview, Tsipras insisted that he would like the government to see out its four-year term, rather than go to triple elections (national

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  3. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    across all age groups in Q2. The rate among the 15-19 year age group once again declined faster than... percent were not registered at the public employment office (OAED), while less than 10 percent reported

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  4. Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion, lower than the target by 304 million. PIB PIB revenues came to 98 million in August from 89... a deficit of 42 million in the first eight months of the year, 757 million better than the target.

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  5. Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
    Photo via @kmitsotakis

    PoliticsGreek Politics

    New Democracy leader Kyriakos Mitsotakis took his turn at the Thessaloniki Expo (DETH) on Saturday to present a plan of tax cuts, but also to send a more conciliatory message than Prime Minister...) rather than a loose set of measures aimed at attracting votes. The main pledges made by Mitsotakis

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  6. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    revenue would rise by 21 percent, or 3.3 billion euros, which is more than the revenue generated... card payments as part of Greece’s payment culture rather than a phenomenon brought about by capital

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  7. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    The employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed. August’s.... In the aggregate period, the employment balance showed 281,813 more hirings than departures. Ergani noted

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  8. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues. Out..., general government revenues came to 87.37 billion euros, 589 million euros higher than the figure

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  9. Budget surplus confirmed at 3.16 billion in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year, expenditure increased by 1.6 percent to 31.61 billion, lower than the target by 304 million... better than the target.

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  10. ANEL leader under scrutiny due to party unrest, questions over refugee funds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    abroad. The allegations that the Defence Ministry used funds in a less than transparent..., the lower the percentage needed to gain more than 150 seats in the House.

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