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  1. PMI drops marginally in Nov amid declining export orders and rising input costs
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global data showed on Monday. The data indicates a modest but continued improvement in operating conditions, with the sector now in nearly three years of uninterrupted monthly growth

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  2. Newsletter 487 - 05/12/2025

    Newsletters

    , with the drop accelerating on the back of subdued international demand. Input prices rose sharply, due

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  3. Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate had a modest drop in November to 8.2 percent, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In November last year, the unemployment rate was 9.7 percent. Despite minor fluctuations in recent

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  4. Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    in the minimum wage, there was a drop of more than 155,000 workers earning between 901 and 1,000

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  5. Volunteers try to fill void left by retreating Greek state
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    to set up its own centers to provide medical assistance. A similar role is carried out... the idea of helping others. An opinion poll carried out by QED for the Human Grid, a scheme set up... in the Greek capital, suggests that a growing number of Greeks are giving up their time for common causes

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  6. Kammenos ups rhetoric but Independent Greeks' future unclear

    PoliticsGreek Politics

    sentences of up to 10 years if found guilty of conspiring to commit crimes. A few days before the arrest...' association with SYRIZA would do the party "more harm than good." He said the party would end up... Zois, set up his own right-wing movement. However, a possible alliance with SYRIZA has the greatest

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  7. Samaras proposes free wi-fi as crisis antidote for young Greeks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Prime Minister Antonis Samaras has come up with a surprising proposal to give hope to young Greeks... are forced to live up to their commitment to provide Greece with further debt relief. Samaras, however... to have the whole of the country hooked up to wireless Internet by next year seemed outlandish, though

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  8. Is Democratic Left set to make a shock return to Greece's coalition?
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    and Samaras in the build up to the closure of ERT and that he did not envision a way these divisions could... policy framework should be drawn up to accommodate DIMAR did not move Kouvelis, who pointed out that a similar document was drawn up when the three-party administration was formed in June 2012

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  9. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    and a system providing for common guarantees of deposits up to 100,000 euros. However, German Chancellor... that will be gradually merged into a single system by 2026 (yes, 2026). Levies on banks will help build up the common... and finance ministers. This means that up to 126 people could be involved in the decision-making

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  10. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    recognition up to 10 percent of CT1 with a 10-year phase out period. This means that following... ten years. Thus, in 2014 they will recognise DTA up to 90 percent of CT1, in 2015 up to 80 percent and finally up to 10 percent in 2023. The next important developments for Greek banks involve

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