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  1. Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    for the year. From a recent high of 91 in Q3 2016, the index has fallen by 0.5 percent. The record high... peak, the index has declined by a quarter on the back of the negative impact stemming from

    2%
  2. Strong interest as Greece issues first 52-week T-Bill in almost eight years
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    and 26-week issues that Greece has been rolling over throughout the crisis and are mostly held by Greek... government has at its disposal (including the primary surplus, repos, cash buffer and programme

    2%
  3. Coalition tries to move focus back to scandals
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Under pressure due to the developments involving PAOK chairman Ivan Savvidis, the government has moved the spotlight back to the Novartis investigation again, apparently hoping this will provide some... for Novartis. The government spokesman admitted that this has nothing to do with the criminal aspect

    2%
  4. Economic sentiment drops in March after reaching recent high, consumer confidence stable
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , although 1.5 points below the December 2017 reading. Over the last 12 months, ESI has improved... in February. Construction confidence has marginally improved during 2018 from the -58.3 of December 2017.

    2%
  5. Credit contraction at 1 pct in February on lower household, and corporate lending
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading means that the balance has remained under the 23-billion-euro mark for a fourth consecutive month. The Greek market has been experiencing a contraction for the last six years, with the loan

    2%
  6. Building activity up by 18 pct in Jan, permits dip below 1,000-mark

    EconomyMacroeconomy

    permits was issued in western Macedonia (14 permits). Greece’s construction sector has remained... confidence has marginally improved during 2018 from the -58.3 reading of December 2017.

    2%
  7. Unemployment rate at 20.6 pct in Jan, inactive population rises
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employed has risen by 98,712. Those who are unemployed fell by 10,167 compared to December... since October 2011 in which the total number of unemployed has stayed below the 1-million mark

    2%
  8. PMI slows to 52.9 pts in April, sector confidence hits all-time high
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2.1 points to 52.9 in April, nearing almost one full year where the reading has stayed above the 50-mark threshold. The index has remained positive, albeit displaying the weakest growth since November 2017 as the previous growth in the manufacturing sector

    2%
  9. Hirings balance hits record high of 100,246 in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consecutive month where a positive hirings balance has been noted in the Greek job market. Compared... the first time since May 2017 that the balance has increased over 50 percent for full-time work. Part

    2%
  10. Industrial production rises by 1.1 pct in March
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , staying negative for a second month. In the year so far, industry confidence has declined by 1.4... almost one full year during which the reading has stayed above the 50-mark threshold

    2%