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  1. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    has entered an election year also weighed heavily on his decision. Greece has not had any minimum..., from the 26.18 euros it has been since 2012. The wage increases are higher for married workers..., for each dependent family member. Overall, the Labour Ministry has communicated that 24 benefits will see

    2%

  2. Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    2018. Compared to January 2018, the ESI has fallen by 2.3 points. Consumer confidence rose by 2.7 points to -28.3. Year-on-year, consumer confidence has improved by 22.7 points. January’s reading..., industry confidence has deteriorated by 5.8 points. The services index fell by 13 points to -1.6

    2%

  3. SYRIZA encounters first obstacles in governing with minority of MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    showed that the government no longer has a working majority. This incident was accompanied by a close... and that the method of voting has to be agreed before the ballot begins. PASOK MP Evangelos Venizelos argued... rise to calls from the opposition for snap elections because SYRIZA has lost its mandate. Kammenos

    2%

  4. SYRIZA and ND shadow box over next presidential election
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    New Democracy denied on Thursday that it has any plans to propose former socialist prime minister... has proposed that MPs vote several times, with the question then being put to voters if Parliament... of his candidacy in 2015 and has had a prickly relationship with the Karamanlis faction since taking

    2%

  5. Gains and losses for all sides from vote on constitutional changes
    Photo by MacroPolis

    PoliticsGreek Politics

    its support for the change to the Article 32 in a second vote, which has to be held next month... (ANEL) from the coalition as well as candidates who will represent SYRIZA in local elections. It has... role at the Foreign Ministry, which has been occupied by Tsipras since the resignation of Nikos

    2%

  6. Economic sentiment at 101.3 in Feb, retail trade improves while consumer confidence dips
    Photo by MacroPolis

    EconomyMacroeconomy

    to February 2018, the ESI has fallen by 2.6 points. After a notable improvement in January, which had been... in February. Year-on-year, consumer confidence has improved by 16.3 points. Regarding other indicators.... Year-on-year, industry confidence has deteriorated by 5.4 points. The services index showed

    2%

  7. EC sets out improvements Athens should make to primary residence proposal

    EconomyProgramme

    and has been extended over the years. It was due to expire the end of last year and be replaced... to the general trend of NPL reduction, the ratio of residential loans turning red has continued increase since... for applications has been launched. Once the law has been passed, it is expected to take several weeks

    2%

  8. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    , the unemployment rate stood at 20.8 percent, following a small revision. Unemployment has been below 19 percent for five consecutive months. This is the lowest the unemployment rate has been since July 2011... that the number of unemployed has fallen by 16,774, or 1.9 percent month-on-month. On an annual basis

    2%

  9. BoG data shows that overseas property investment revenue accelerated in 2018

    EconomyFeatures

    21 permits. Since then according to the latest data, the Golden Visa programme has shown average... has pushed Athens to 14th place out of 31 European cities as a property investment destination..., it is not without controversy. The explosion of short-term rental properties in recent years has

    2%

  10. Economic sentiment stays at 101.3 in March
    Photo by MacroPolis

    EconomyMacroeconomy

    2018. Compared to March 2018, the ESI has increased by 2.1 points. Consumer confidence improved by 1.7 points month-on-month and came to -31.6 in March. Compared to March 2017, consumer confidence has..., industry confidence has improved by 1 point. The services index continued to strengthen and rose

    2%