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Unemployment remains at 12.8 pct in Feb, lowest since summer 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was broadly stable at 12.8 percent in February, from a slightly revised 12.9 percent in January, Hellenic Statistical Authority (ELSTAT) data.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek Politicsnext year, New Democracy’s fate could be decided by the cost-of-living crisis. Health Minister Thanos..., support for ND stands at 30 pct, down 1 point on last month, while SYRIZA’s backing is at 24.5 pct... to the administration’s “neoliberal/right-wing” policies compared to 22 pct who think it has to do with fiscal
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Where is Odysseus? Part 2 - Uncertainty
Agoraare evenly balanced. Eurostat, as a statistical agency cannot do this. It’s job, with input from.... Women’s liberation also inspired new social and political conditions. The gradual erosion of religion... and its Consequences”, in Population and Development Review, edited by Ronald D. Lee and David S. Reher
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Mitsotakis fast-tracks energy package announcement on eve of party conference
PoliticsGreek Politicscustomer’s bills to slightly above pre-crisis levels. The effect will be horizontal, replacing... forward the unveiling of the government’s “bazooka” in advance of any EU decision at the end of May and the opening of New Democracy’s annual party conference on Friday in response to mounting
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Industrial production rises by 7.9 pct in Mar, driven by electricity supply
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its recovery in March, rising by 7.9 percent... by 2.5 percent. According to the European Commission’s latest business surveys for April, industry.... In addition, Greece’s Manufacturing PMI rose marginally to 54.8 points in April, from 54.6 points
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Labour market on mend as March unemployment rate eases to 12.2 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped marginally to 12.2 percent in March, from a slightly downward revised 12.7 percent in February, Hellenic Statistical Authority (ELSTAT.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets
PoliticsGreek PoliticsGreece’s first climate law made its way to Parliament this week, with only minor changes in light... – in the crucial years up to 2030. One development which is likely to have a positive effect on Greece’s..., which will be a key plank of the EU’s push to disentangle its member states from Russian energy
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingThe Group’s net loans amounted to 37.8 billion euros in Q1 2022, a drop from 39.4 billion in Q1 last year..., reflecting the full utilisation of the bank’s TLTRO III borrowing allowance. Capital The Common Equity Tier 1... in July last year. The bank’s Total Capital Ratio in 2021 stood at 16.3 percent from 18.3 percent
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) recovered by 2.9 points in May, rising to 108, after dropping... points in May, dropping 0.5 points from the previous month. The euro area’s ESI was 105 points, broadly unchanged from the 104.9 points of April. The recovery in Greece’s consumer confidence, which began
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsofficials have been very open about their concerns regarding hitting this year’s public deficit goal of 2... that the conservative administration’s record of handling migration has been much better than the government led... scandal. The Athens First Instance Prosecutor’s Office announced on Friday that it would investigate
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