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  1. Mitsotakis faces down critics over handling of forest fires
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    system introduced by the administration had proved its worth. The government has promised swift compensation for households and businesses affected by the fires, and has already announced an initial

    2%

  2. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    . In June last year, the unemployment rate was 12.3 percent. These are the lowest jobless rates Greece has... more hires than departures. During the first half of the year, the hiring balance has reached 304,918

    2%

  3. Underspend and improved tax collection help budget beat target by 881 mln in July
    Finance Ministry

    EconomyMacroeconomy

    , the PIB balance landed at a deficit of roughly 2.6 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 415 million euros booked by July

    2%

  4. Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY

    EconomyMacroeconomy

    since early 2021. April was the first negative reading since February 2021. The index has also been.... Sentiment has been improving in seven of the last nine months, essentially since October last year

    2%

  5. Impact of energy moderates, current account deficit narrows to 7.86 bln in 6M

    EconomyMacroeconomy

    in June 2022. The impact of fuel has moderated as the oil balance reached a deficit of 677.6 million... billion euros in 2022. The oil deficit has been reduced, from 5.2 billion in 2022 to 3.59 billion

    2%

  6. Latest census data shows demographic challenge is here as population shrinks, ages
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The demographic challenge facing Greece, and several other European countries, is widely acknowledged and has been presented in detail in the ageing reports published by the European Commission... need for policy decisions to address the developments. The current government has taken a first

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  7. Loans managed by servicers broadly stable in Q2 at 71.16 bln
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q4 last year and in Q2 2022 it stood at 71.16 billion euros, according to data released by the Bank of Greece (BoG... and has dropped by 900 million since. In Q4 last year there was a significant drop in NPEs by 16 billion

    2%

  8. Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , from 4.88 billion in July 2022. The impact of fuel has moderated as the oil balance reached... billion euros, down from 21.42 billion euros in 2022. The oil deficit has been reduced, from 6.37

    2%

  9. Positive sentiment around banks continues to grow

    EconomyBanking

    , thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has... holds a minor stake of 1.4 pct at Eurobank and the bank has officially expressed its interest to buy

    2%

  10. Podcast - Life on Mount Pelion after Storm Daniel

    Agora

    architect who has been living and working in Pelion for many years. Joel spoke to us about how the area, which is also a popular tourist destination, has been coping in the aftermath of the storm. Our

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