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  1. Deposits drop by 2.26 bln in Oct to 195.51 bln
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system contracted in October with a drop of 2.26 billion euros, after a 2.32-billion-euro rise in September, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 3.3 percent year on year (YoY

    1%

  2. Unemployment rate edges up to 9.8 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment

    1%

  3. Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months

    EconomyMacroeconomy

    up by 3.2 percent. According to the latest business indicators for November, consumer confidence

    1%

  4. PMI posts moderate drop in Nov, difficulties in supply chain persist
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded a moderate drop in November, falling to 50.9 points, from 51.2 points in October, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving since February 2023, with the latest figure being the second

    1%

  5. OECD sees stable growth of 2.2 pct next year and persistent structural challenges
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts. The report also outlines a number of challenges for the economy from the medium-term. GDP is forecast to grow

    1%

  6. Bank tax proposal spearheads PASOK attack on government's economic policy
    Photo by Giannis Papanikos/Fosphotos

    Economy

    . Practically, banks would not pay taxes for close to three decades. Their latest results are so impressive

    1%

  7. As bank debate rages, ND's support slips further and PM loses economic adviser
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    has ruled out an extra tax on these profits. The latest opinion poll by Alco for Alpha TV will have

    1%

  8. Wage index drops by 1.7 pct YoY in Q3 for first decline in two years

    EconomyMacroeconomy

    on the latest revisions, wages had been growing continuously since Q2 2022, with Q3 being the first negative

    1%

  9. Mitsotakis lets budget measures sink in as he mulls presidential pick
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    also resulted in fines for Greece. In his latest interview, the PASOK leader also touched

    1%

  10. Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    sector have been improving since February 2023, with the latest figure being the second slowest

    1%