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  1. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) figures showed on Thursday. The jobless rate has remained broadly unchanged compared to the Q2... unemployed constitute 66.2 percent. The latest quarter’s figure for long-term unemployed has remained

    2%

  2. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY... that as of July 2020, conduct of the border survey has fully resumed.

    2%

  3. Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year

    EconomyFeatures

    That latest air traffic data has highlighted what a terrible year the Greek tourism sector is going through, just as newly released 2019 figures highlighted an increase in arrivals and receipts last year. Research by the institute of the Association of Greek Tourism Enterprises (INSETE) has

    2%

  4. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    the solidarity levy for incomes in the private sector has a cost of 767 million. The programme... programme of mortgage subsidies has an impact of 280 million. Despite these, the primary deficit

    2%

  5. Bound to lose
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    it comes to Golden Dawn, SYRIZA has also never really escaped from the moral quagmire it plunged... Golden Dawn the pulpit from which to bully, maim and kill. We should consider whether GD’s ideology has

    2%

  6. Govt holds off on new Covid-19 measures as public reacts to GD ruling
    Photo by Pavlos Svoronos/Fosphotos

    PoliticsGreek Politics

    the current midnight closing time. New Democracy has been under pressure recently from the food service.... They have an average age of 68. The total number of deaths related to Covid-19 has risen to 430

    2%

  7. Building permits rise by 12 pct in July as construction picks up

    EconomyMacroeconomy

    , building activity has been resuming in recent months. The latest confidence indicator... points to -52.1 points. Compared to the same month last year, construction confidence has increased

    2%

  8. Conclusion of Golden Dawn trial unlikely to usher in greater political unity
    Photo by MacroPolis

    PoliticsGreek Politics

    but has been referenced recently by left-leaning media seeking to counter the allegations of collusion... from 16 far-right groups as Golden Dawn has faded from prominence. They are mostly concentrated

    2%

  9. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF... not anticipate the third quarter, which has traditionally been Greece’s strongest thanks to tourism

    2%

  10. Latest market foray for 15-yr bond attracts strong investor interest with record low yield

    EconomyBanking

    Wednesday’s transaction, Greece has now issued 12 billion euros of bonds in 2020, which has covered

    2%