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  1. Looking to build on support for relief measures, ND unveils new tax bill

    PoliticsGreek Politics

    -dom scheme The measure that has been capturing most attention outside of Greece is the introduction... indicated that 62 percent of voters had a positive view of the taxation measures that New Democracy has

    2%

  2. IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    further systemic solutions and a legal framework that will assist the clean-up process that has been... Greece should look into reducing non-wage costs as it notes that “labour has, relatively speaking

    2%

  3. Brussels gives Athens thumbs-up for reforms and budget
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    report, concluding that Greece has taken all the necessary steps to meet its mid-2019 commitments... of a primary surplus of 3.5 percent of GDP in 2020. The EC has an overall favourable view of its

    2%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%