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  1. Unemployment at 7.9 pct in May, lowest since Nov 2008
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 7.9 percent in May, from 8.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In May last year, the unemployment rate was 10.5 percent. Despite minor fluctuations in recent months

    2%
  2. New Democracy tries to push back against corruption claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to previous cases of corruption and mismanagement and, in that sense, being part of a longstanding weakness

    2%
  3. Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
    Image: MacroPolis

    EconomyMacroeconomy

    .), and the better performance of the previous year’s income taxes collected in instalments until the end of February

    2%
  4. Rival opposition motions give government breathing space over farm payments scandal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Opposition parties are hoping that, unlike previous occasions, the discontent will prove strong enough

    2%
  5. Firefighting capabilities beefed up as blazes and water shortages weigh on government

    PoliticsGreek Politics

    of wildfires, as it experienced in previous summers. Water shortage At the same time, the climate

    2%
  6. Travel receipts maintain momentum in May with 17.7 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    with 6.94 million in the previous year.

    2%
  7. Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained solid in June, rising by 10.2 percent year-on-year (YoY), from 11.3 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was positive by 2.34 billion euros after an inflow of 518 million

    2%
  8. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    that construction confidence improved at 22.2 from 16.5 points in the previous month. The index is significantly

    2%
  9. Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    been strong in previous months, leading to consistently declining hiring balances in the last few

    2%
  10. Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun

    EconomyMacroeconomy

    by 1.1 percent, from a drop of 1.5 percent in the previous month. Over the rolling 12-month period

    2%