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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomy. A total of 467,619 were recorded as unemployed in Q2, decreasing by 18.6 percent from the previous... by 2.2 percent from the same quarter of 2023. The number of economically inactive people who... to 248,600 people, representing 53.2 percent of the total unemployed. Alarmingly, the largest portion
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyits time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... in 2025, at circa 6 billion euros, from 2.4 pct and 5.68 billion euros this year. The total deficit... billion euros, from 23.88 billion euros in 2024. Spending and debt Total state expenditure
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Newsletter 446 - 10/01/2025
the liquidity across the yield curve and their small size poses limited risks. Greece’s total... a very benign debt maturity profile with actual bond maturities for 2025 at 2.2 billion euros. The bond... is surpassed. In 2024, Greece’s total annual funding needs dropped below the critical level of 10 pct of GDP
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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicsin the global economy mean that Greece has to find new destinations for its exports. Total Greek exports continued to decline last year, falling by 2.2 pct after a decline of 8.5 pct in 2023. This further fall put their total value at less than 50 billion euros. Government officials have been trying to dampen
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Newsletter 461 - 09/05/2025
Democracy. Only 20.5 pct of total respondents said they believe that PASOK can recover and challenge... years out of a total debt stock of 364.8 billion euros. The minister added that Greece will continue... of oil products and ships, the trade deficit increased by 2.2 pct YoY in March, to 2.28 billion euros
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Newsletter 488 - 12/12/2025
if Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry..., a fraction of the total 17.8 billion. Electricity production via renewables is receiving the lion’s share, close to 7 billion euros and just over 39 pct of the total. Tourism follows with around 22 pct
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyif Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry’s..., a fraction of the total 17.8 billion. Electricity production via renewables is receiving the lion’s share, close to 7 billion euros and just over 39 pct of the total. Tourism follows with around 22 pct
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Imports soar by 7 pct in March as exports rise for first time since Sept
Economy, the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively... the respective total exports figure down 5.9 percent. The change in imports excluding oil products... quarter of 2014. Total imports fell by 4.9 percent in 2013, while exports eased marginally by 0.2 percent
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Greek central government debt inches down to 320.42 bln in Q1
Economywith FSM loans at 211.86 billion, corresponding to 66.1 percent of total, long term bonds at 74.48 billion (23.2 percent of total) and T-Bills at 14.99 billion (4.7 percent). Disbursements from... (OSE) (6.06 billion) and Attiko Metro (2.2 billion) and 1 billion to extra budgetary funds
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How Greek banks moved into a new era
Agora. They successfully raised a total of 8.31 billion (Alpha 1.2 billion, Eurobank 2.86, National 2.5..., the four banks had accumulated LLRs of 43 billion corresponding to 16.6 percent of the total loan book... in Alpha and Piraeus currently stand at 2.2 billion and 400 million respectively. The banks’ stock
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