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New data shows 6.2 pct of Greek labour force in gray area
EconomyMacroeconomy. According to standard definitions and measures of unemployment, a population is classified in three... labour force because by the standard definition they are defined as inactive and are not measured.... If added to the already devastating 27 percent who are unemployed according to the standard definition
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Newsletter 89 - 23/09/2016
continues to outperform Government to table bill on prior actions The primary surplus eased 1.1... in a reduction in the travel surplus of 6.3 percent to 5.6 billion. Foreign arrivals edged up 1.1... to have been well below normal banking standards in some cases. The potential scandal at Attica Bank does
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The "King of the North" seeking to heal a fractured kingdom
Agorathe country’s politics, economy and identity. A decade on, most British voters now view Brexit as a mistake... a politically sensitive subject that most leaders avoid. In the meantime, the UK economy has struggled..., major investment in infrastructure and a shift toward a more balanced economy - is ambitious
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Growing Greece: From narrative to reality
Agorainvestment and get the Greek economy growing at a faster rate than has been predicted so far. The three areas... digital policy. Greece currently ranks 26th out of 28th in the EU Digital Economy & Society Index so... in policies that they viewed with scepticism or repulsion in the past. If the economy does not pick up
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Greece's harsh social reality
Agorafrom employment. In the same year, more than 1.1 million Greeks were living in low-work intensity... of Greek society felt like the ground under their feet had given way. Living standards were compromised..., the deterioration of living standards is startling as 42.2 percent of Greeks have dropped below the poverty
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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped for the fifth successive month at a marked accelerating..., whilst the current ESI reading is 22.9 points lower than the post-crisis high of 104.2 recorded a year ago. The ESI fell to a historic low of 74.8 in March 2009 and displayed high volatility until June
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Business indicators rise for second successive month in October
EconomyGreece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday. Over the past two months, ESI has risen... in the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014
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Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6... May 2015. Since the beginning of the Greek crisis, ESI has fallen to a historic low of 75.2... 2014. In the following months ESI deteriorated, hitting a low of 76.1 in August 2015. There has been
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Economic sentiment and consumer confidence climb in July after review conclusion
EconomyMacroeconomyGreece’s economic sentiment (ESI) climbed by 4.2 points in July, after edging up by 0.8 points... in ESI and all other business indicators is attributed to the positive sentiment generated by the conclusion of the second programme review. Specifically, ESI surged to 98.2 in July, which is the highest
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Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued in August its steady rise over the last three months... month, European Commission (EC) figures revealed on Wednesday. The notable improvement in ESI since May... lifted months of uncertainty and improved the general sentiment. Specifically, ESI came closer
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