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  1. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    by 2 percent QoQ, while gross capital formation also fell by 4.5 percent compared to Q1. Imports... to drop by 4.1 percent in 2020 and public consumption is seen as rising by 1 percent. Final consumption represents the majority of GDP, making up around 94 percent of the total figure in Q2

    26%

  2. PM finalises relief measures in ambitious but risky move to sway voters
    Image: www.primeminister.gr

    PoliticsGreek Politics

    and unspent EU recovery funds. By confining the ultimate volume of the package to 2 billion euros, around 1... to 2 billion euros. The interventions are due to be announced when Mitsotakis makes the keynote speech... the top bracket. In total, it is estimated that this will amount to roughly 1.2 billion in foregone

    26%

  3. Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance

    EconomyMacroeconomy

    to: 1) SMP and ANFA income of 1.72 billion that was not collected 2) Non-assessment and collection... of the 5-billion mark spot on target. Overall, total expenditure decreased by 5.3 percent in 9-month to 34.02 billion, 3.14 billion better than target. On top of primary expenditure, total expenditure

    25%

  4. Newsletter 200 -29/03/2019

    Newsletters

    1 billion euros at the next Eurogroup on April 5. The details of the new framework, tabled... an increase in the total amounts owed by taxpayers from 183 billion euros in 2014 to 223 million euros now.... On an aggregate basis, total state budget revenues came to 8.46 billion euros, bettering the target

    25%

  5. Newsletter 237 -31/01/2020

    Newsletters

    but which went sour during the crisis will also need to be settled as banks are claiming more than 2... with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus.... Across 2019, total expenditure came to 55.27 billion, landing below target by 599 million

    25%

  6. Unemployment rate edges up to 26.1 pct in Q4 2014

    EconomyMacroeconomy

    than 2 pp YoY to 29.6 percent. However, it is still more than 6 pp above that of men at 23.3 percent... a decline by 2 pp YoY to 24.7 percent. In contrast, the 45-64 age group displayed a marginal drop... and 23.7 percent a year ago. The number of ‘long-term’ (more than 1 year) unemployed dropped

    25%

  7. Newsletter 22 - 03/04/2015

    Newsletters

    to local media, Chinese funds participated in two of the three T-Bill issues in March for a total... to the rollover of 1 billion in 3-month securities issued in January. Since foreign investors were already... received a total of 867 million from the Hellenic Financial Stability Fund (HFSF). In particular

    25%

  8. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    improved by 2 pp over the Q2 2014 rate of 26.6 percent. This reflects a rise in the number of employed... (around 2 pp) to 21.5 and 28.3 percent respectively. The latter remains steadily almost 7 pp higher... and 22.8 percent last year. The number of ‘long-term’ (more than 1 year) unemployed fell well below

    25%

  9. Newsletter 118 - 12/05/2017

    Newsletters

    time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece figures.... 2 Unemployment edges down in February Jobless figure at five-year low The youth unemployment rate... of 8.6 percent in manufacturing production, which retains the lion’s share of the total index

    25%

  10. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    in the electricity and gas sectors fell to 2 percent of GDP in 2011-2015 compared to levels over 4 percent... symbolic 4 percent towards meeting Europe’s total gas demand, and will provide a lifeline..., with the potential to add a further 2 bcm/y in a second phase), it is important because it will allow

    25%