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  1. Revision of GDP to have varied knock-on effect
    Photo by MacroPolis

    EconomyMacroeconomy

    is on a strong recovery path since the 9.2 pct drop suffered in 2020 due to the COVID-19 outbreak

    5%

  2. Economic sentiment drops in Oct, spurred by retail and construction
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    had a drop to 37.3 points, from 40.8 points in the previous month. Services confidence is now

    5%

  3. Unemployment drops further in Sep, dipping to 9.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 437,648, a 13 percent drop. Unemployment is moving away from the half million-mark after it had peaked

    5%

  4. Trade deficit up sharply in Sep, reaches 25.13 bln in 9M for 8.5 pct YoY rise
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit rose sharply by 12.9 percent year-on-year (YoY) in September, after a drop of 6.5 percent in August, according to data released by ELSTAT on Thursday. The deficit came to 3.06 billion euros for September. Imports totalled 7.17 billion euros, rising by 2.1 percent YoY. Exports

    5%

  5. CPI moderates to 2.4 pct YoY in Oct, food inflation below headline number
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of: heating oil, solid fuels. Price decreases were recorded in household equipment with a drop of 0.4

    5%

  6. Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 489 million euros in 9M 2024, compared to a profit of 498 million euros in the same period of 2023, a drop of 2 percent. Normalised profit after tax for 9M was 666 million euros, from 572 million in 2023, a rise of 16 percent. Pre-provision income (PPI) in 9M

    5%

  7. Role of inflation in US elections gives government food for thought

    EconomyMacroeconomy

    it will drop the trade tax for physical persons, i.e. self-employed and sole proprietors. Income

    5%

  8. OECD report underlines sobering reality of economic recovery
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    the fourth-worst spot after the Czech Republic, the Netherlands and Germany with a nominal drop

    5%

  9. Building activity rises by 10.5 pct YoY in Aug, up 19.5 pct in 8M
    Image: MacroPolis

    EconomyMacroeconomy

    recorded in Western Macedonia with 47.6 percent. The largest drop was in Central Greece with 17.1 percent

    5%

  10. Unemployment rate edges up to 9.8 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    with the same month of 2023, amounting to 466,858, an 8.8 percent drop. Unemployment is moving away from

    5%