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  1. Fiscal data impressive but details suggest caution still required

    EconomyMacroeconomy

    and social security funds at 1.1 billion euros. Greece’s fiscal picture has been consistently improving since the deep deficits that were recorded during the pandemic due to one-off measures to support... following Russia’s invasion of Ukraine. In fact, Greece’s fiscal path has been solid since the tumultuous

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  2. Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
    Photo by MacroPolis

    EconomyMacroeconomy

    and has not taken any upgrade action since. This year GGBs were upgraded by DBRS and S&P to one step... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment..., the government announced fiscal easing measures worth EUR1 billion (0.5 pct of GDP) to support

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  3. Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    market has continued to improve, with unemployment falling to 8.6 pct by February 2025. Despite... outlook has strengthened significantly. In 2024, the general government recorded a surplus of 1.3 pct... in social security contributions and higher public sector wages. New spending measures include a rent refund

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  4. PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on

    PoliticsGreek Politics

    agency OPEKEPE. The resignation of a local party official implicated in fraudulent payments has only... resignation had been accepted. The opposition has pounced on her resignation as an admission... payments to farmers by announcing a set of initiatives to cut bureaucracy. The PM said the 12 measures

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  5. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    , but remains exceptionally high at 56.3 percent. Over the past five years, it has more than doubled... people - who are not measured in the labour force – remained flat for the second straight month at 3.37

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  6. Greek jobless rate dips below 26 pct in August for first time in two years
    Photo by MacroPolis

    Economy

    . The evolution since 2009 indicates that the number of employed has fallen by 1.02 million.... The number of inactive people, who are not measured in the labour force, increased by 31,800 to 3.33

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  7. Greek unemployment falls for seventh straight month, down to 25.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    MoM and reached 1.24 million in September. Since 2009, the number of unemployed has soared... of inactive people - who are not measured in the labour force – fell by 58,500 in September, offsetting

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  8. Greek unemployment drops slightly to 25.8 pct in October on lower jobless
    Photo by MacroPolis

    EconomyMacroeconomy

    at a faster pace by 13,491 MoM to 1.25 million in October. However, the number of unemployed has surged... of inactive people - who are not measured in the labour force – hiked by 2,100 MoM in October after

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  9. Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    of unemployed marginally eased by 300 MoM to 1.23 million in December. However, it has soared... MoM to 167,537 in January. The number of inactive people - who are not measured in the labour force

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  10. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    2012. However, the number of unemployed has surged by almost 2.7 times over the past six years... of jobless by 28,800 to 1.25 million. The number of inactive people - who are not measured in the labour

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