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  1. Retail turnover increases by 4.5 pct in Sept, volume edges up by 5.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the strongest increase in the year since March’s rise of 5.4 percent. As with sales, the volume index has... confidence has shown an improvement of 25.9 points. Retail trade dropped by 1.3 points month-on-month

    2%

  2. BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
    Photo by MacroPolis

    EconomyBanking

    stock of NPEs has a direct impact on banks’ profitability. This leaves Greek lenders in a vicious... model by financing tradable industries. BoG analysts note that the current stock of NPEs has

    2%

  3. Apartment prices rise by 9.1 pct in Q3, hitting series high

    EconomyMacroeconomy

    in Q2 2019. Since the series low of 58.8 noted in Q3 2017, the index has recovered by 11.7 percent... year, construction confidence has dropped by 8.6 points.

    2%

  4. Number of private sector employees rises by 78,391 in 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employed by more than one firm. Compared to last year, the number of companies has risen by 7,899, while the number of unique employees has increased by 78,391 compared to 2018. Around 72.3 percent

    2%

  5. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    million unemployed in September 2013, unemployment has shown a fall of 41 percent. The overall labour.... This figure has been in decline since the high of 31.6 percent in May 2013. The unemployment rate for men

    2%

  6. Retail turnover increases by 6.6 pct in Oct, volume up by 7.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the volume index has turned positive five times in the first nine months of the year. Compared to October...-on-month and came to -6.8 in November. Compared to November 2018, consumer confidence has shown

    2%

  7. Population drops slightly in 2018 despite positive net migration flow
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    A report by the Hellenic Statistical Authority (ELSTAT) on population movements in Greece has shown that Greece’s population shrank by 0.2 percent year-on-year (YoY). Specifically, the population... in Greece. Immigration has remained over 100,000 between 2016 and 2018.

    2%

  8. 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%

  9. 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%

  10. 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%