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  1. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the jobless rate has declined by 2.4 percentage points (pp) from the Q3 2016 figure of 22.6 percent... with a rise in the number of employed by 32,000 to 3.8 million. The absolute number of unemployed has

    2%
  2. Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    on entrepreneurship in Greece. The annual report has been compiled every year for the last 14 years... on opportunity has been marginally rising in Greece for three straight years, reflecting a fall in unemployment

    2%
  3. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by more than one firm. Compared to last year, the number of companies has risen by 14,085, while the number of unique employees has increased by 121,913 versus last year. Nearly three quarters of firms

    2%
  4. Industrial production shows growth of 0.8 pct in November
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Tuesday. In the figures for 2017, the IPI has remained steadily in positive territory. The latest figure... that in the year to date, industry confidence has improved by 5.9 points. Additionally, the Markit

    2%
  5. Survey shows that Greeks cut back on healthcare visits in 2017
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    Society

    Research by the National School of Public Health has revealed the changing habits of Greeks during the crisis when it comes to addressing their health problems. According to the research, published... has been carried out regularly since 2001. In the past year, three out of 10 respondents

    2%
  6. Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Monday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions... of arrears has been fully allocated. According to Deputy Prime Minister Yiannis Dragasakis

    2%
  7. Brussels sets out guide for post-MoU financing needs, cash buffer
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyProgramme

    of a cash buffer. This is the first time that the eurozone has acted on the agreement of the June.... The financing schedule between now and the end of the programme has 18.4 billion euros, which creates a cash

    2%
  8. Greek banks complete first round of covered bond issues
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank has become the latest among Greece’s four systemic banks to carry out a successful covered bond issue with the public auction of a 500-million euro bond last week. The bond was released... and 2.75 percent yield to maturity. The bond is listed on the Luxembourg Stock Exchange and has

    2%
  9. Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 76.3 in August 2015 due to the prevailing uncertainty. As confidence has slowly returned, the ESI has gradually improved, especially after May 2017 and the successful conclusion of the second

    2%
  10. Commission keeps outlook on Greece stable, sees growth picking up this year
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    Economy

    and delivering enhanced competitiveness. Investment has underperformed, though. According to the Commission... employment has brought the unemployment rate down by 2.7 percentage points since the end of 2016

    2%