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  1. Despite differing views IMF and EC see no immediate debt sustainability concerns
    Photo by MacroPolis

    EconomyProgramme

    also attempts to incorporate the low interest rate environment for Greek debt that has manifested.... To capture this the EC has introduced an upside scenario that builds on top of the macro and fiscal

    2%

  2. Retail turnover increases by 4.5 pct in Sept, volume edges up by 5.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the strongest increase in the year since March’s rise of 5.4 percent. As with sales, the volume index has... confidence has shown an improvement of 25.9 points. Retail trade dropped by 1.3 points month-on-month

    2%

  3. BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
    Photo by MacroPolis

    EconomyBanking

    stock of NPEs has a direct impact on banks’ profitability. This leaves Greek lenders in a vicious... model by financing tradable industries. BoG analysts note that the current stock of NPEs has

    2%

  4. Apartment prices rise by 9.1 pct in Q3, hitting series high

    EconomyMacroeconomy

    in Q2 2019. Since the series low of 58.8 noted in Q3 2017, the index has recovered by 11.7 percent... year, construction confidence has dropped by 8.6 points.

    2%

  5. Number of private sector employees rises by 78,391 in 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employed by more than one firm. Compared to last year, the number of companies has risen by 7,899, while the number of unique employees has increased by 78,391 compared to 2018. Around 72.3 percent

    2%

  6. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    million unemployed in September 2013, unemployment has shown a fall of 41 percent. The overall labour.... This figure has been in decline since the high of 31.6 percent in May 2013. The unemployment rate for men

    2%

  7. Retail turnover increases by 6.6 pct in Oct, volume up by 7.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the volume index has turned positive five times in the first nine months of the year. Compared to October...-on-month and came to -6.8 in November. Compared to November 2018, consumer confidence has shown

    2%

  8. Population drops slightly in 2018 despite positive net migration flow
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    A report by the Hellenic Statistical Authority (ELSTAT) on population movements in Greece has shown that Greece’s population shrank by 0.2 percent year-on-year (YoY). Specifically, the population... in Greece. Immigration has remained over 100,000 between 2016 and 2018.

    2%

  9. Criminal justice system deemed too weak to fight corruption
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Society

    The European Council’s analysis of the Greek criminal justice system has found that the current setup inadequate to counter corruption. The Group of States against Corruption (GRECO) report found.... The report said that during their assessment, they were informed that the President has never been

    2%

  10. New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 737 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first... arrears has dropped under the 100-billion mark. An additional 13.72 billion euros stemmed from defaulted

    2%