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  1. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the rate of unemployment has fallen under 20 percent. Compared to the same period last year, the jobless rate has declined by 2.1 percentage points (pp) from the Q2 2017 figure of 21.1 percent... of decline was noted for those aged over 65, where the rate fell by 1.2 pps. This group also has

    2%

  2. PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    at the start of December, shortly after the budget for 2019 has been voted in Parliament. According to reports... of the loans that the IMF has granted to Greece is over 3.5 percent as any amount in excess of the country’s quota has a rate of close to 4 percent. The reports suggest that the PDMA plans to bring down

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  3. PWC report finds Greek fire damage above average despite lower incidence

    Society

    A report by PricewaterhouseCoopers (PwC) which examined Greece’s firefighting capabilities has... countries, Greece has a relatively low incidence of wildfires in the last three years, when fires.... They also lag significantly behind those used in central Europe. The poor track record that Greece has

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  4. Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has been produced based on the Regulation ESA 2010 for the System of National Accounts. According... the Economic Adjustment Programme, which has different treatment from ESA 2010 for certain revenue... that it settled in 2016. Overall, Greece’s fiscal data has remained broadly stable between the two

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  5. SYRIZA and ND at odds over proposals for changing constitution
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    attention, has shifted to SYRIZA’s suggestions. Two points in particular have drawn a reaction from... Democracy has also made it clear that it is not willing to support the government’s proposals unless...) and some independent lawmakers in order to achieve the 180-vote threshold. To Potami Centrist To Potami has

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  6. Killing puts strain on Greek-Albanian relations after stalled efforts to reach deal
    Photo by Michael Button via Flickr https://flic.kr/p/ddQycw

    PoliticsForeign Policy

    in southern part of Greece’s neighbouring country last Sunday has provoked concern in Athens... has been urging Tirana to investigate the death of dual-national Katsifas and provide further information about the police operation that led to him being shot in order to ease the tension that has been

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  7. Hospital report gets ball rolling in coalition effort to target former governments
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    and corruption in the past. It has been made clear by the coalition’s approach to such issues... Democracy and PASOK. Parliament has also been looking into claims of illegal hirings and misuse of funds... has yet to produce a report yet. Over the weekend, SYRIZA-friendly Documento weekly published

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  8. What Greece imports and why
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    behind at 21.23 billion. As the crisis hit, both exports and imports declined. The trade deficit has... during the good times - it has more or less been historically present. In addition, the crisis did have..., sales of which crashed during the country’s crisis years. Although a recovery has been building

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  9. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    and dynamics of the most challenging legacy that the crisis has left for the country’s credit institutions.... It describes the reduction that has been achieved to date, with the outstanding amount of bad... governor Yannis Stournaras has been promoting, details of which were also presented in the same report

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  10. New strategic investment framework unveiled, faster licencing and tax breaks promised

    EconomyFeatures

    Dragsakis aimed at fast-tracking investments into Greece. The new framework, which has been put... has shown that Greece fell to number 72 out of 190 economies worldwide. Last year, Greece stood... that investments will increase by 0.8 percent this year. Attracting foreign investments has been cited

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