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  1. Stability Programme sees improved growth, primary surplus above 2 pct from 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    . The harmonised index of inflation is expected to drop significantly to 4.5 pct, from 9.3 pct in 2022

    5%

  2. Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    The latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday. It captures the post-pandemic economic recovery, recording a drop of 2 percentage points for the population at risk of poverty and social exclusion to 26.3 percent. This came after a rise

    5%

  3. EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    -escalate to 160.2 pct of GDP in 2023 and 154.4 pct in 2024. The current account deficit will drop

    5%

  4. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance in April was positive by 123,079 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year was 124,365 more hires, an all-time April record, suggesting a minor drop of 1,286 jobs. Total

    5%

  5. Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
    Photo by MacroPolis

    EconomyBanking

    . Net profit was 236.5 million euros vs. 269.8 million euros in 2022, a drop of 12.3 percent. Core pre

    5%

  6. NBG NII jumps 73 pct in Q1 to 497 mln
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 260 million euros in Q1 2023, compared to a profit of 360 million euros in 2022, a drop of 28 percent. Last year included one-off gains of 152 million euros, with core profit after tax in Q1 at 228 million euros, up 88 million euros in Q1

    5%

  7. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last seven months. However, the index remains below

    5%

  8. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2019, employment has increased by an impressive 19 pct, despite a drop of 6 pct in 2020 to 2.05 million

    5%

  9. Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    people, a drop of 2.4 percent quarterly and unchanged year-on-year.

    5%

  10. Wages index grows by 5.5 pct in Q1, slows from previous quarter
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    consecutive quarters of growth. The NSA index came to 97.2 points, from 116.3 in Q4, reflecting a drop

    5%