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  1. Unemployment at 15 pct in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for men stood at 11.8 percent, equal to a drop of 3.8 pps year-on-year. The latest available data

    2%

  2. Building permits jump by 62.9 pct in May, from year-earlier lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest confidence indicator for July released by the European Commission showed

    2%

  3. Quiet summer in Greek-Turkish relations not seen lasting
    Photo via https://flic.kr/p/2marG7P

    PoliticsForeign Policy

    Greece and Turkey are seemingly enjoying a calm period in their diplomatic relations this summer, but Athens is expecting things to warm up over the autumn. The latest telephone call between the two Foreign Ministers in connection to the recent wildfires - which even led Mevlut Cavusoglu to offer

    2%

  4. Data for total revenues in Q2 reflects recovery from end of lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    The latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY). ELSTAT has been monitoring the impact of the pandemic

    2%

  5. Retail turnover rises by 11.7 pct and volume by 10.8 pct in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 0.6 percent compared to May, while volume dropped by 1.4 percent. The latest business indicators

    2%

  6. PM removes under-fire ministers from posts in late-summer reshuffle
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    such positions. It is also worth noting the creation of a new ministry and the latest appointments are also

    2%

  7. General govt balance deteriorates due to deficits of state and social security funds
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin. In the underlying subcategories, the state

    2%

  8. Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    The Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years. Broken down by segment, consumer NPEs were the highest at 33.6 pct, followed by roughly equal percentage

    2%

  9. Price hikes pose fresh challenge for government

    PoliticsGreek Politics

    There are indications that following the latest GDP data announced this week, Mitsotakis may even have

    2%

  10. Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    percent. According to the European Commission’s latest business surveys for June, industry confidence

    2%