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  1. Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
    Photo by MacroPolis

    EconomyMacroeconomy

    of 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%

  2. Papandreou boasts strong backing as KINAL gears up to elect new leader
    Photo by MacroPolis

    PoliticsGreek Politics

    party will gain a bonus number of seats but could still lack a majority in the House. Loverdos has... rivals has not previously served in government, suggested that what he offers the party is something

    2%

  3. GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarters 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%

  4. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    for Frontier a week earlier, on October 15. Cosmos has a gross book value of 3.4 billion euros, while... pct. Mexico has a 3.2 billion gross book value portfolio, and the servicing contract was handed

    2%

  5. Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
    Photo by MacroPolis

    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%

  6. Government U-turns again to tighten Covid measures over Christmas
    Photo via https://flic.kr/p/2iYwAkU

    PoliticsGreek Politics

    In 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%

  7. Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
    Photo via https://flic.kr/p/UF5yPQ

    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%

  8. Arrival of new fighter jets draws attention as EastMed pipeline issue simmers in background

    PoliticsForeign Policy

    are 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%

  9. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released 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%

  10. Inflation to persist, creating more economic policy challenges

    EconomyMacroeconomy

    It has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when... power has a role to play in not reaching the sales levels of 2019, which retailers had been aiming

    2%