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  1. Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    -on-year to 28.9 percent, while the rate in the 25-74 years bracket was 10.7 percent. The latest available

    2%
  2. Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years

    EconomyMacroeconomy

    Interest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday. The average of new loans

    2%
  3. Newsletter 369 - 10/02/2023

    Newsletters

    for the senior tranches. The latest guidance by Eurostat is seen as slightly watered down from its

    2%
  4. Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    to the European Commission’s latest business surveys for January, industry confidence recovered further

    2%
  5. EC tweaks forecasts, sees 2023 growth at 1.2 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022. In the autumn, the Commission expected the Greek economy to grow by 6 pct in 2022

    2%
  6. PM announces more voter-friendly measures ahead of polls
    Photo via www.macropolis.gr

    PoliticsGreek Politics

    to resume. SYRIZA has charged New Democracy with failing to protect indebted households. The latest policy

    2%
  7. Machinations intensify as announcement of election date approaches
    Photo by MacroPolis

    PoliticsGreek Politics

    the opposition party. The PM’s comment is the latest sign that ND feels confident enough about this issue

    2%
  8. Survey highlights households struggling with cost of living, delivers worst outlook since 2019

    Economy

    The effects of the cost-of-living crisis in Greece were summed up in another business association survey as the Hellenic Confederation of Professionals, Craftsmen, and Merchants (GSEVEE) published its latest household income and budget survey for 2022. The survey captures the full impact

    2%
  9. PM hails uptake of food voucher scheme amid growing evidence of hardship

    PoliticsGreek Politics

    New Democracy continues to roll out support measures in the run-up to spring elections, with the launch of the so-called “Market Pass” hailed by the prime minister as the latest in a string of government initiatives to tackle the cost-of-living crisis. The scheme covers up to 10 pct of the amount

    2%
  10. Growth of retail sales slows to 8.8 pct in Dec amid decline in volume of food sold

    EconomyMacroeconomy

    percent. According to the latest business indicators for February, January’s consumer confidence

    2%