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  1. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    euros in deficit, from 2 billion euros in June 2023. The travel balance showed a surplus of 2.86

    9%

  2. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    pct in August last year. In the eurozone, the average spread does not exceed 2 pct. Greek banks

    9%

  3. Unemployment rate edges up to 9.9 pct in July
    Image: MacroPolis

    EconomyMacroeconomy

    among women fell by almost 2 percentage points (pps) year-on-year and came to 12.5 percent, while

    9%

  4. Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
    Photo by MacroPolis

    EconomyMacroeconomy

    and rising by 3.1 percent year-on-year. There were 2.67 million people in permanent jobs, a rise of 2 percent

    9%

  5. Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out

    PoliticsGreek Politics

    announcements. He confirmed that a second version of the My Home scheme will be launched, supported by 2 billion

    9%

  6. Newsletter 433 - 13/09/2024

    Newsletters

    pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026

    9%

  7. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Taxes beat the target by close to 2 billion euros. The ministry notes that the overperformance

    9%

  8. Newsletter 434 - 27/09/2024

    Newsletters

    earning below 700 euros monthly to just 2 pct, with a significant shift of the distribution

    9%

  9. Building activity remains in contraction for June with 1.7 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling 12-month

    9%

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

    EconomyMacroeconomy

    2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2

    9%