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  1. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in September 2013, unemployment has shown a fall of 39.8 percent. The overall labour force came... among women fell by 3.2 percentage points (pps) year-on-year and came to 20.2 percent. This figure has

    2%

  2. Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank announced that it has started the process to execute one of the largest bad loan securitisations by a Greek bank. The portfolio, code-named Galaxy, contains non-perfoming loans (NPLs... in the securitisation either independently or as joint ventures. According to reports, the bank’s management has

    2%

  3. Public investment under spotlight amid arguments over budget execution
    Photo by MacroPolis

    EconomyMacroeconomy

    government level, when the cycle of transfers to state bodies and the actual spend has been completed... was budgeted annually but not spent, while even the costing of the latest protection framework has been

    2%

  4. New president receives strong endorsement, hints at areas of interest

    PoliticsGreek Politics

    time, especially because the new president has a centre-left background and is not from the right... of challenges Greece has faced and is facing, including the economic and climate crises. She identified

    2%

  5. Lenders set out key review issues as Athens tables proposals for fiscal space
    Finance Ministry

    EconomyProgramme

    fiscal targets and has proposed a phased-out approach over a seven-year period. The banks.... That is not expected before April. Aware of those limitations, the Finance Ministry has focused its

    2%

  6. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    ’, which is the ‘B+’ equivalent. S&P has positive outlook, Moody’s is stable. Fitch had not taken... of Kyriakos Mitsotakis has made “swift progress” in reducing taxes on labour and capital and addressing

    2%

  7. Perceived corruption in Greece wanes but remains above global average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    improvement last year compared to 2018. The organisation has a presence in over 100 countries and works..., Greece’s score has improved by 12 points since 2012, the report noted. The average score of countries

    2%

  8. ND vies for more support on migration, gets tangled up in football controversy
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    to be in a state of unrest over the disruption caused by the migration challenge. The government has also come... is owned by Greek-Russian businessman Ivan Savvidis, with whom New Democracy has had a turbulent

    2%

  9. Greek 15-year bond attracts strong interest, improves debt profile
    Photo by Yannis Drakoulidis/Fosphotos

    Economy

    at 1.911 percent, attracting just short of 19 billion offers, the highest demand a Greek bond has seen.... Based on the debt strategy for this year, the PDMA has covered more than half of the 4 billion

    2%

  10. Building permits increase by 12.4 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 15,325, meaning that in the first 11 years of the year, 2019 has already beaten the full... last year, construction confidence has increased by 19.2 points.

    2%