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BoG cautiously optimistic on economy and banking sector
EconomyGreece’s economy and banking system are holding firm against global headwinds, according to the Bank of Greece (BoG)’s latest Financial Stability Review. While growth has slowed slightly, the report... remains one of the strongest pillars of Greece’s recovery. Profitability, liquidity, and capital
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Unemployment unchanged at 8.2 pct in Sep
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was unchanged at 8.2 percent in September... is Greece’s lowest since November 2008, when it was below the 8-percent mark, at 7.7 percent. Monthly... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance in August
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New Democracy losing grip on regions as farmers’ protests highlight rural frustration
PoliticsGreek Politicsnumbers of voters in rural areas. Footage of the visit show the PM’s convoy being diverted along farm... over the handling of a sheep pox epidemic which has seen flocks quarantined. Hatzidakis’s offer... to neglect by Athens. A recent decision to close half of the country’s post office branches brought the issue
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Government pins hopes on payments, OPEKEPE shake-up to stem farmers’ protests
PoliticsGreek Politics. The government’s goal is to see the legislation through Parliament by year end in order to make... of a general effort to improve public services. They face an uphill struggle, however, as farmer’s demands.... The government’s position is worsened by the ongoing parliamentary inquiry into the OPEKEPE fraud case
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Unemployment stable at 8.6 pct in Oct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was virtually unchanged at 8.6 percent... months, the current single-digit rate is Greece’s lowest since the end of 2008, when it was below... in October last year. The latest available data from the Labour Ministry’s Ergani database showed
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Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate had a modest drop in November to 8.2 percent... months, the current single-digit rate is Greece’s lowest since the end of 2008, when it was below... percent in November last year. The latest available data from the Labour Ministry’s Ergani database
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Growth of industrial production slows to 2.6 pct YoY in Nov
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in November with a rise of 2.6 percent year-on-year... of 0.4 percent in manufacturing and 5.8 percent in water supply. According to the European Commission’s..., Greece’s manufacturing PMI was almost unchanged in December with a minor rise to 52.9 points, from
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Inaugural bond for 2026 breaks demand and spread records, covers half of year's debt strategy
EconomyGreece’s debt managers tapped markets for the first time this year on Tuesday with a transaction... settling at 3.47 pct, leading to a spread of 61 basis points over bunds, underscoring Greece’s.... The transaction was over 12x oversubscribed and the total offers of over 50 billion euros broke last year’s
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
EconomyMacroeconomyGreece’s industrial turnover recorded a rise of 0.7 percent year-on-year (YoY) in November, from.... In respect to sentiment indicators, Greece’s manufacturing PMI was almost unchanged in December with a minor... from November’s recent low, although it remained modest overall. Meanwhile, from the European
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped further in December to 7.5 percent... months, the current single-digit rate is Greece’s lowest since November 2008, when it was at 7.7.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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