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  1. Fresh elections on the cards as SYRIZA reluctantly confronts full scale of defeat
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    of the higher courts. Mitsotakis has said that he would like to see the next elections brought... the fight, suggesting that the question of his leadership has been shelved for a later date. A leadership

    2%

  2. Formalities proceed, paving way for June 25 vote and tough questions for opposition

    PoliticsGreek Politics

    elections, following Sunday’s decisive result, the government has sought to speed up the process... to be divided within SYRIZA about whether Tsipras should stay on. On one hand he has become

    2%

  3. ND raises tax concerns in bid to prevent voters moving to PASOK
    Photo by MacroPolis

    PoliticsGreek Politics

    they are concerned that if Kyriakos Mitsotakis has too comfortable a majority it will encourage... on the opposition. This approach has served ND well, particularly because much of the mainstream media

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  4. Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . These are the lowest jobless rates Greece has experienced since the end of 2009, as the country was approaching... of the year, the hiring balance has reached 185,566, improved by 32,443 more jobs year-on-year. Total

    2%

  5. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6... shipping from the second quarter of 2022 exceeded the 2019 levels by 57 pct. The Ukraine conflict has

    2%

  6. Fitch takes no rating action as fiscal continuity remains crucial to investment grade
    Photo by MacroPolis

    EconomyMacroeconomy

    ), Moody’s has Greece at ‘Ba3’, three notches from investment grade. Fitch did revise up the outlook... of this year is expanding by a rate of 12 pct annually. The improvement in public finances has led

    2%

  7. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data... 2019, employment has increased by an impressive 19 pct, despite a drop of 6 pct in 2020 to 2.05 million

    2%

  8. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount

    2%

  9. Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the total unemployed. Alarmingly, the largest portion, 123,700, has not worked for more than four years, though the figure dropped from the previous quarter in absolute terms. It has also dropped sharply

    2%

  10. Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    negative reading since February 2021, when the index had contracted by 3.1 percent and it has been... in March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually

    2%