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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyunder 25 years old at 511 euros gross. The latest minimum wage effective from April 1 is 830 euros
2% -
Retail sales drop by 0.2 pct YoY in July as fuel leads slide
EconomyMacroeconomypercent, non-food increased by 1 percent and food sales grew by 1.3 percent. Retail sales were led
2% -
Newsletter 435 - 04/10/2024
pct. Compared to July 2023, automotive fuel was down by 6.8 pct, non-food sales increased by 1 pct
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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBankingthat marginally exceeded 1 billion euros. The government presented the latest transaction as a success and a vote
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ND and SYRIZA contend with internal strife as PASOK advances
PoliticsGreek Politicsto 6.4 pct, placing it in fifth place, more than 1 point behind the Communist Party (KKE), and 2
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Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
EconomyBanking. Capital The Common Equity Tier 1 (CET1) fully loaded was 17.7 percent, while the capital adequacy ratio
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Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
EconomyBankingloaded Common Equity Tier 1 (CET1) ratio in 9M stood at 15.5 percent, from 13.7 percent a year ago
2% -
Samaras expulsion casts shadow over New Democracy as SYRIZA prepares for leadership polls
PoliticsGreek Politicsare due to take place on Sunday, with a second round a week later on December 1. The level
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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomywill be 2.4 percent of GDP, from 2.5 percent this year, while the total deficit will be comfortably below 1
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Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
EconomyMacroeconomyAegean at 3.1 percent. The number of long-term unemployed (more than 1 year) came to 242,000 people
2%