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  1. Hiring balance for 7M reaches record despite first negative July reading since 2019
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece’s employment balance in July turned negative by 8,294 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year was 2,999 more hires, suggesting a year-on-year deterioration of 11,293 jobs. Total hirings in July

    1%

  2. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    for HICP is 4.5 pct, less than half the 9.2 pct for 2022. In the latest monetary policy report

    1%

  3. Return to investment grade overshadowed by flood destruction

    Economy

    , with some initial estimates briefed by Greek officials seeing it more than 3x potentially reaching 2.5

    1%

  4. Workers lost almost 9 pct of real income last year, research shows
    By Panayotis Tzamaros/Fosphotos

    Society

    a decade, being close to 45 pct in certain years, and at 38.5 pct in 2022. More than four in 10

    1%

  5. Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing

    EconomyMacroeconomy

    of more than 114 points seen in February 2022, before the Ukraine conflict.

    1%

  6. Our cruel summer
    Photo by MacroPolis

    Agora

    valuable than anyone else’s. And the kind of cynicism that creates the sense that non-Greeks can

    1%

  7. Travel balance to July soars by 19 pct, reaching almost 9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 3.88 billion euros in July, from 2.73 billion euros in June, according to Bank of Greece (BoG) data released on Thursday. July’s balance was roughly 14 percent higher than the 3.41 billion euros registered in July 2022. The balance in July 2021 was 2.16

    1%

  8. Government faces new storm test as Kasselakis sweeps through SYRIZA
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    as a sign that SYRIZA MPs who did not back Kasselakis will fade into the background rather than

    1%

  9. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    , and is now at the highest since early 2022. It is not far off the recent high of more than 114 points

    1%

  10. Unemployment rate remains lodged near 11 pct after no change in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    by 8,294 more departures than hires. During the first seven months of the year, the hiring balance

    1%