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  1. Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
    Photo by MacroPolis

    EconomyMacroeconomy

    into a primary surplus of 1.5 pct, is a sizable fiscal adjustment of 3.5 pct of GDP, or more than 6 billion

    1%

  2. Unemployment remains at 12.8 pct in Feb, lowest since summer 2010

    EconomyMacroeconomy

    balance stayed positive in March with 34,373 more hirings than firings. During the first three months

    1%

  3. Reopening of 7-year bond affirms tougher conditions on sovereign debt market
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    with an initial guidance of 115 basis over mid-swaps and within the first two hours it had attracted more than

    1%

  4. Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017
    Photo by MacroPolis

    EconomyMacroeconomy

    , but sentiment has been sliding since then. Over the rolling 12-month period, the ESI is now even lower than

    1%

  5. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    inflation on the contrary, pushes the primary balance above 2 pct of GDP this year and lower than estimates

    1%

  6. Growth of trade deficit slows in Mar, Q1 rise reaches 79 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in Greece’s trade deficit slowed in March, when it increased by 13.4 percent year-on-year (YoY), after surging by more than 170 pct in February, according to data released by ELSTAT on Friday. The deficit came to 3.29 billion euros for the month. Imports totalled 6.9 billion euros, rising

    1%

  7. PM sets out path to next elections as PASOK restores traditional name

    PoliticsGreek Politics

    and political brand, had become a millstone around the party’s neck. Androulakis said that more than 170,000

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  8. Much riding on EU approval of plan to cap energy prices
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    be 30 pct higher than before the crisis began. Although details about exactly how the price cap

    1%

  9. Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    to have an NPE ratio of less than 10 pct by mid-2022 and roughly 8 pct by the end of the year. P&L Pre

    1%

  10. Tourism jobs deliver highest April hiring balance on record at 124,365
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance made a remarkable recovery in April after two subdued, pandemic-impacted years as 124,365 more hirings than departures were recorded, according to data from the Labour Ministry’s Ergani information system. The balance was also positive in March this year with 34,373 more

    1%