Search
-
Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyof October. This is the second year on the bounce that the government has tabled a final budget... in 2022, as support initiatives come to an end. The Finance Ministry has identified the total fiscal
2% -
Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsprogramme in August 2018 the number of public sector staff has increased by 2.6 pct, with the bulk of the increase seen in temporary staff, which grew by 24.5 pct. The increase has been reflected
2% -
GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomyquarters of the year that economy has grown by just short of 9 pct. In Q3 of 2020, GDP had dropped by 11 pct annually through it has grown by 5.6 pct on a quarterly basis as Greece had exited the first
2% -
SYRIZA maintains pressure over Covid treatment, media handouts
PoliticsGreek Politicsthe allegations from unionists, the issue has come to the fore recently due to claims about certain...’s messages. SYRIZA has pointed to Documento’s exclusion, as well as the inclusion of seemingly
2% -
Mitsotakis confronted by show of strength from church, turns attention to post-wildfire reconstruction
PoliticsGreek Politicsthe latest wave of Covid-19, and an area in which the church has hitherto played an ambivalent role... that it is actively working to help them recover from the fires and that it has an ambitious plan
2% -
Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomy, the largest portion, 170,400, has not worked for more than four years. Most of the employed are working... percent. Part-time employment has increased by 6.1 percent compared to Q2 2021 and by 5.8 percent versus
2% -
Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsIn its latest about-turn on public health policy, the Greek government has announced a new raft of measures with immediate effect, aimed at slowing the spread of the Omicron variant in the country..., it was reported that the new variant has been detected in the wastewater of Thessaloniki, raising
2% -
Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
EconomyMacroeconomy, with strong output and growth in employment. The sector’s expansion has reached 10 consecutive months... by 1.8 points to 7.5. Since January, industry confidence has increased by 17.5 points. Overall, Greece’s
2% -
Arrival of new fighter jets draws attention as EastMed pipeline issue simmers in background
PoliticsForeign Policyare happy because the execution of the project has been supposedly cancelled,” Anastasiades responded... of a possible visit of Israel’s president to Turkey. In Athens, it has not gone unnoticed that the issue
2% -
Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomyreleased on Friday showed. The growth in credit expansion has remained broadly stable after reaching a peak... their balance sheets through securitisations and sales. The loans balance has dropped by a significant 22
2%