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  1. OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    . Monetary conditions are also tightening for Greece, to a greater extent than other member states... is smaller than was envisaged at the end of 2021 due to some 5.4 billion euros, 2.7 pct of GDP, of energy

    3%

  2. Budget primary balance to May beats target by wide margin, taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    in May 2021. The overall balance is better than the target by 2.44 billion euros. Revenues Net revenues..., higher than the target by 780 million euros. Overall, the PIB balance landed at a deficit of roughly 2

    3%

  3. Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism

    EconomyMacroeconomy

    was in the Peloponnese at 10.4 percent. The number of long-term unemployed (more than 1 year) came..., 174,300, has not worked for more than four years. Most of the employed are working as employees

    3%

  4. Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) on Monday. After more than one year of contraction, the index posted growth of 18.2 percent... is the lowest in more than one year, but still indicates solid operating conditions in the Greek

    3%

  5. Turkey climbs up agenda as snap election expectations grow
    Image: NATO

    PoliticsGreek Politics

    opinion is split on whether they should be held earlier than scheduled or not. According to the Marc..., but New Democracy’s approval ratings remain much higher than the opposition party’s. According

    3%

  6. Judges' Novartis decision revives political battle over bribery scandal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . However, these charges are linked to a technical matter in the handling of the case rather than any... further any interest in the case. SYRIZA will perhaps feel more vindicated than New Democracy

    3%

  7. Mitsotakis turns to 2015 contrast again as MEPs give PM bumpy ride

    PoliticsGreek Politics

    not produce a clear winner, a coalition should be formed rather than holding a second vote under an enhanced... would back ND in a second round, while SYRIZA would gain even more than the conservatives’ increase of 2

    3%

  8. Opposition parties step up pressure after back-and-forth over election date
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    for young people costing them no more than 400 euros per month. He also said his government would hire... for the time being, rather than SYRIZA. In a TV interview on Tuesday, he also accused Mitsotakis

    3%

  9. Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
    Photo by MacroPolis

    EconomyMacroeconomy

    . The overall balance is better than the target by 1.43 billion euros. Revenues Net revenues..., below the target by 808 million. PIB expenditure came to 3.68 billion euros, higher than the target

    3%

  10. Hiring balance slows in June as job market returns to normal levels
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance slowed down in June with 19,113 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In May there were 99,956 more hires... to relief measures linked to Covid-19. That said, this year’s June figure is significantly lower than

    3%