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  1. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    after a hiking to 24.6 percent in September. Since March, employment has gained 199,000 jobs, while the number of unemployed has contracted by 123,200 mainly on the back of a strong tourism season

    2%

  2. General government primary cash surplus widens notably to 5.14 bln at end of Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    period. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... debt components remained almost stable MoM. The debt evolution for the year to date shows it has been

    2%

  3. IMF: Greece's GDP spend on asylum seekers 6th highest in EU

    Society

    Greece – the Stability and Growth Pact (SGP) has built-in flexibility that should allow countries... the control of the member state which has a major impact on the financial position of the general

    2%

  4. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    percent of total loans 2) Government has committed to increase public savings meaning... banks, to eventually require capital support, it also highlights that the recent recapitalization has

    2%

  5. Parliament's budget office stresses need for reform, protecting growth prospects

    EconomyMacroeconomy

    of understanding (MoU) voted by a wide majority in Parliament has provided a common base... and financial effectiveness, which has to be adequately justified. The PBO’s initial assessment on the pension

    2%

  6. Tax arrears climb by 1.65 bln in December to a total of 13.5 bln for 2015

    Economy

    and defaulted companies. GSIS has started disclosing the monthly evolution of effective tax arrears since... on month (MoM) to 71.53 billion in December. During 2015, legacy tax debt has fallen by 2.26 billion

    2%

  7. Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    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

    2%

  8. More than half of Greek households rely mainly on pensions

    Society

    the country’s largest small- and medium business association has found. The research, conducted... and taxes. The collapse in domestic demand, the report continued, has resulted in a negative balance

    2%

  9. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    should not deteriorate due to the sale or transfer of the NPL. If a borrower has more than one loans... tier protection, the borrower has to be cooperative with the bank, an out-of-court arrangement

    2%

  10. Unpaid social security contributions hit 15.35 bln at end of 2015

    Economy

    2009. Settlements In an effort to collect outstanding contributions, the government has introduced... and thus eliminate the amount of surcharges. Since KEAO was established it has collected 991 million

    2%