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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicsan unknown portion of the 1 GW of photovoltaics installed in the plain. Mitsotakis met European Commission
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Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
EconomyMacroeconomypercent. The number of long-term unemployed (more than 1 year) came to 319,400 people, representing 59.9
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Newsletter 393 - 15/09/2023
growth for 2023, from 0.9 pct, and 1 pct from 1.5 pct for 2024. The eurozone’s central bank
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Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicsin the future. The PM added that Greece would increase the tax on luxury accommodation, rising from 1
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Tension builds in SYRIZA leadership race as govt moves ahead with wage maturities
PoliticsGreek Politicson January 1, along with another 300,000 workers whose collective contracts have tenure wage
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S&P awards investment grade, bringing arduous cycle for economy to a close
Economyon December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review
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Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
PoliticsGreek Politicsof 50 pct +1 of central committee members to trigger a vote of no confidence. In the meantime, some
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Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
EconomyBankingEquity Tier 1 (CET1) ratio in 9M stood at 13.9 percent, from 11.8 percent in 9M 2022. The bank’s Total
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Industrial production returns to growth of 2 pct in September
EconomyMacroeconomyto a modest rise of 1 pct. Month-on-month (MoM), the seasonally adjusted index in September recorded
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
EconomyMacroeconomyof roughly 1 pps year-on-year. Youth unemployment dropped by 4.5 pps year-on-year to 23.7 percent, while
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