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Unemployment rate broadly stable at 7.7 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped further in January to 7.7 percent, from an upwards revised 7.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemploym...
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Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
EconomyMacroeconomyGreece’s trade deficit dropped by 0.9 percent year-on-year (YoY) in January, after a rise of 2.4 percent in December, according to data released by ELSTAT on Tuesday. The deficit came to 2.81 billion euros for January. Imports totalled 6.44 billion euro...
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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in January with a rise of 5.3 percent year-on-year (YoY), from 4 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. Month-on-month (MoM), the seas...
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Energy keeps import prices in contraction for Jan with 4.6 pct YoY drop
EconomyMacroeconomyGreece’s import price index remained in contraction with a drop of 4.6 percent year-on-year (YoY) in January, after a 5.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The in...
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politicssuggestions in the local media on Friday that the Finance Ministry is now more open to the idea... at the Finance Ministry that the main fiscal objectives for the year will be put at risk, particularly... to the estimate. The Finance Ministry is concerned about how markets will react if they realise
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek Politicsfinances, and the size of the support package that will be needed to cushion it. Finance Minister... for the creation of a unified support fund financed by the proceeds of emission permit actions. The Greek side
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyThe budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018, according to the preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Monday. Last year’s figure for the same period came to 4.54 billion, representing
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Newsletter 96 - 18/11/2016
capital were not encouraging. While Obama was still in Athens, German Finance Minister Wolfgang... Journal, Finance Minister Euclid Tsakalotos claimed that the eurozone has a unique opportunity... Finance Ministry due to table the 2017 budget early next week Seasonally adjusted GDP at constant
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Mitsotakis aims to prove credentials by tackling party's finances
PoliticsGreek Politicsfinance to proper health. It may seem like a strange moment for the main opposition leader to address... of Mitsotakis’s effort to also convince the Greek people that he can be trusted with the country’s finances... to take on the bigger project of sorting out the state’s finances as prime minister. The one
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Wolfgang at the door
Agora“Nothing will be quite the same again,” Greek Finance Minister Euclid Tsakalotos wrote... Finance Ministry and as the most dominant player within the Eurogroup. Yet, if we are to evaluate... in reached an all-time high of 57 percent. There was never an impression that the German finance minister
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