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  1. March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was marginally lower in March, edging down to 10.9 percent, after rising to 11.3 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In March last year, the unemploym...

    13%

  2. Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s industrial turnover remained in growth territory in March, slowing down considerably to 1.5 percent year-on-year (YoY), February, from 6.7 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursda...

    13%

  3. Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Up...

    13%

  4. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

    13%

  5. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesda...

    13%

  6. Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...

    13%

  7. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    , on a hike of non-resident arrivals by 14 percent yoy to 3.26 million. Furthermore, the respective... at the end of May called for a C/A deficit at 3 percent of GDP in 2013 and to hover around 2 percent in 2014

    13%

  8. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    In an interview with Naftemporiki daily on October 14, Greek Finance Minister Yannis Stournaras identified two key sources that could reduce – if not eliminate – the emerging funding gap as of July... the mandatory conversion after 5 years by an increase in the fixed return by a 2 percent step-up after

    13%

  9. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    findings from the OECD’s report, which was published on November 14, as they a have particular... government powers and fundamental rights are least guaranteed. 2) Size of civil service

    13%

  10. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    not reversed the 5-year-long decline in employment levels.” 2) The rise in unemployment At 49 percent... in real terms, compared to a 14 percent real-term increase in the average OECD country. Despite

    13%