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  1. New data shows rise in average wage, but overall impact limited
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    drop of roughly 285,000 for those earning below 800 euros per month. Based on the new distribution

    4%

  2. DBRS ups Greece's rating one notch further into investment grade

    Economy

    , projected to drop below 140 pct by 2027, supported by fiscal surpluses. Improvements in monetary

    4%

  3. Unemployment hits 8.3 pct in Apr for newest low since 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    unemployed people in April compared with the same month of 2024, amounting to 391,263, a 24.7 percent drop

    4%

  4. Wage index continues to rise in Q1 with 5.9 pct YoY growth
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    129.5 in Q4 2024, reflecting a sharp drop of 14.6 percent QoQ. Wages in Greece were in negative

    4%

  5. PMI remains in expansion at 53.1 in June, though firms see export and cost challenges
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    . However, growth in new work was limited by a second consecutive monthly drop in new export orders

    4%

  6. Unemployment at 7.9 pct in May, lowest since Nov 2008
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 2024, amounting to 370,369, a 25.8 percent drop. Unemployment is steadily moving away from the half

    4%

  7. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June was 5.3 percent year on year (YoY), from 4.8

    4%

  8. PMI drops to 52 pts in Sep as manufacturing sector continues to grow

    EconomyMacroeconomy

    exports fell for a fifth month, the fastest drop since December 2022. Production increased in September

    4%

  9. Low-productivity economy a legacy of adjustment without transformation
    Image: MacroPolis

    Economy

    exceeding the drop in productivity, implying a redistribution of income away from wage earners. Flexible

    4%

  10. EC autumn forecasts project stable growth and fiscal outlook
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    surplus is seen stable at 1.2 pct of GDP in 2024 to 1.1 pct this year, reflecting a drop in the primary

    4%