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  1. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... posted in Q1. As a result, investment grew by 2 percent in H1. However, investment has tumbled

    2%
  2. Latest data highlights how hard it is for unemployed Greeks to find jobs
    Photo by MacroPolis

    Society

    from Eurostat has shown. Only 4.3 percent of jobless Greeks moved into employment and 1.1 percent... quarter of 2016. However, the situation in Greece has improved marginally year-on-year

    2%
  3. In EU, Athenians least satisfied with city life but becoming happier
    Photo by Can Esenbel [www.mundanepleasure.com]

    Society

    from the EU’s statistical arm has found. When asked if they were satisfied with living in their city... having the second lowest rate (53 percent). One likely cause is that Athens has the lowest employment

    2%
  4. Tight schedule to approve multi-bill, tick off remaining milestones

    EconomyProgramme

    MPs are to begin debating on Monday the multi-bill containing draft legislation that will conclude some of the prior actions Greece has to wrap up to secure its next bailout sub-tranche of 2.8... market, while its scope and jurisdictions are redefined. Remaining milestones The government has

    2%
  5. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    , this segment has posted cumulative deductions of 188 million. Credit contraction in the Greek banking... of 28.1 percent has been posted in the consumer credit followed by decreases of 23.9 percent

    2%
  6. Greek government risks mauling after straying off
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    , the Bank of Greece’s investigation into Attica Bank has also raised doubts about how at least one... that the current controversy will blow over. New Democracy has already suggested that such a ruling from

    2%
  7. Wise men proposals on labour market reforms give Ministry bargaining basis with lenders

    EconomyProgramme

    in the profession. The state also has the ability to expand such agreements to the entire sector... or profession. The Labour Minister Giorgos Katrougalos has repeatedly noted that the committee

    2%
  8. Erdogan's questioning of border treaty catches Athens cold
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    that the Treaty of Lausanne had not been the victory that it has been presented as in his country... is the subject of exploratory talks. Nevertheless, there has been no official complaint, a note verbale

    2%
  9. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    this 2-month period. It should be pointed out that the MoF has noted in the last budget execution... by 274 million since the beginning of the year, while none of the gg bodies has shown an increase

    2%
  10. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    down by 5,400 to 1.12 million. Over the last 12 months, the number of employed has increased by 80,600 and at an accelerating pace in the last two months. The jobless figure has dropped by 76,800, also

    2%