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  1. June unemployment rate at 9.6 pct as seasonality favours labour market
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 9 percent in June 2023. Youth unemployment dropped by 2 pps year-on-year to 22.5 percent, while

    8%

  2. Central govt debt rises by 1.5 bln in Q2, to 407 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q2 debt movements reflect a rise of nearly 2 billion euros in bonds and higher repos by roughly of 1.5 billion euros

    8%

  3. 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

    8%

  4. 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

    8%

  5. 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

    8%

  6. 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

    8%

  7. Poll confirms ND dominance as PASOK hopefuls eye challenger role
    Photo by MacroPolis

    PoliticsGreek Politics

    2.7 percent and SYRIZA breakaway party New Left trails with 2 percent, ahead of Yanis Varoufakis’s

    8%

  8. 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

    8%

  9. Newsletter 434 - 27/09/2024

    Newsletters

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

    8%

  10. 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

    8%