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  1. Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
    Photo by MacroPolis

    EconomyMacroeconomy

    at a deficit of over 5 billion euros. Greece has also received 1.72 billion euros from the RRF, with 848... have been revised following the tabling of the final budget for 2024 and this year is not measured

    2%

  2. Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
    Image: MacroPolis

    EconomyMacroeconomy

    billion euros. Overall, the PIB balance landed at a deficit of over 5.6 billion euros. Greece has also... following the tabling of the final budget for 2024 and this year is not measured against the initial

    2%

  3. Survey of 2023 household budgets highlights lasting effects of debt crisis
    By Panayotis Tzamaros/Fosphotos

    Society

    , dropping to 1,332 euros. However, it has been growing since in line with the recovery trend that had... to 20,223 euros, and the impact of inflation is seen when spending is measured on constant prices of 2022

    2%

  4. New data shows rise in average wage, but overall impact limited
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The number of employees has been growing consistently since 2019, when it stood at 1.98... the relevant income data in Greece when measured in purchasing power terms, where Greece finds itself

    2%

  5. Fight against tax evasion yields results, reveals challenges

    Society

    Improving tax collection in Greece has been one of the dominant themes over the past three years... in the eurozone. It was equivalent to 27.5 percent of GDP, making it one of nine euro-area members that has... of the Greek economy. In the European Union, Greece has by far the highest rate of self-employed people in its

    2%

  6. Goalposts shift as European elections near and SYRIZA cements lead

    PoliticsGreek Politics

    complained that the government would benefit from this. Now, the government has revealed plans to change the method of voting in the European Parliament elections. Since 1981, Greece has used a closed... has revealed its concern about May’s result. The outcome of the European Parliament elections

    2%

  7. The wrong prescription
    Photo by MacroPolis

    Agora

    As is customary by now the troika’s return to Athens has been accompanied by a flurry... to Greece’s economy. The troika expects Greece to adopt all the recommendations. The government has... products available only in pharmacies also has an impact on the ease with which a consumer can purchase

    2%

  8. Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
    Photo by Harry van Versendaal

    Agora

    the “market return” narrative that the coalition government of Prime Minister Antonis Samaras has done... quickly investor sentiment towards Greece has changed. Since the start of the year Greece has moved.... For more than three years the credit contraction in the Greek economy has been deepening, with lending

    2%

  9. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    generous when he pledged the creation of 770,000 jobs between now and 2020. Greece has been under the troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... for February 2014 was at 26.5 percent. At the same time, the number of people in employment has decreased

    2%

  10. Political tremors shake Spain, overshadow economic progress
    Photo by 3Ro-Rokenublo via Flickr

    Agora

    Felipe, 46, has recently taken over the throne. Since the democratic transition in the late 1970s... a powerful turning point that has even overshadowed the recent progress in employment, still..., is embroiled in a corruption scandal along with her husband, whose case has been a major embarrassment

    2%