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  1. November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    messages for the Greek sector, which has been suffering from demand and unemployment over the years... to the sharpest round of job creation for 18 years. These are encouraging signs for the Greek economy which has

    2%

  2. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    , provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. ELSTAT has put... r in its autumn economic forecasts published in November. The IMF has not updated its estimates

    2%

  3. Athens unmoved as relations with Russia become chillier
    Photo by Alexandros Vlahos ANA/Fosphotos

    PoliticsForeign Policy

    with regard to plans for the Turkish Stream pipeline. Russia has already warned Athens that if Greece... of Souda Bay by US forces as a key naval base in the region. Russia has been opposing this behind closed

    2%

  4. Pandora's box ajar for Turkey and Greece?
    Photo by Andrea Bonetti/Fosphotos

    Agora

    of internal polarisation. Now, the Lausanne controversy has been resurrected. But this time, if Turkish... and nationalist tone in Turkey. Almost all the newspapers came out with the same headlines; "Erdoğan has

    2%

  5. Auctions, strikes trouble Tsipras but focus still on programme exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    even before the third programme has been concluded. The two MoU-related issues that are causing most.... Snap polls The latest turbulence has sparked fresh speculation in some local media about

    2%

  6. Industrial production grows by 0.5 pct in October, slowest rate for 2017
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    on Monday. In the year so far, the IPI has remained steadily in positive territory, although the latest... to date, industry confidence has improved by 1.2 points. Additionally, the Markit Manufacturing PMI

    2%

  7. Net job hirings balance for November turns negative by 39,221
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 37,667 was recorded, the current month’s figure has worsened by 1,554. Hirings totalled 169,819 versus... to 42 percent of the total. The balance has persistently remained in favour of part-time and shift work

    2%

  8. Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the index has fallen by 0.7 percent. The record high of 120.4 was posted in Q1 2010, while the lowest reading of 78.8 was recorded in Q1 2000. Since its peak, the index has declined by a quarter on the back

    2%

  9. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the jobless rate has declined by 2.4 percentage points (pp) from the Q3 2016 figure of 22.6 percent... with a rise in the number of employed by 32,000 to 3.8 million. The absolute number of unemployed has

    2%

  10. Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    on entrepreneurship in Greece. The annual report has been compiled every year for the last 14 years... on opportunity has been marginally rising in Greece for three straight years, reflecting a fall in unemployment

    2%