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  1. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    by 46,574 in June, with total employment staying above the four-million mark, at roughly 4.19..., improved by 37,726 more jobs year-on-year. Total hires were 1.64 million, against 1.33 departures....Greece’s seasonally adjusted (SA) unemployment rate landed at 11.1 percent in June, from an upwards

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  2. Budget continues to outperform in Nov as taxes beat target by 334 mln

    EconomyMacroeconomy

    . The total budget balance up to November showed a surplus of 5.13 billion euros, from a 4.38 billion.... Overall, the PIB balance landed at a deficit of roughly 4 billion euros. RRF-related expenditures were 3.38 billion euros in the period, below target by 189 million euros. Greece has received in total

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  3. Tsipras conducts varied reshuffle in further bid to revitalise coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be leaving the Interior Ministry to become SYRIZA’s secretary, several other frontline officials... role is Alexis Haritsis. The 41-year-old was appointed interior minister, replacing the outgoing... is one of the few cabinet members to emerge with his reputation relatively intact. The Interior

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  4. Newsletter 417 - 22/03/2024

    Newsletters

    by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several... the upcoming European Parliament elections, and the resignations of a senior Interior Ministry official... that the email list was leaked from the Interior Ministry during the tenure of the caretaker government

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  5. PM makes limited, cautious changes to cabinet after election disappointment
    Image: www.primeminister.gr

    PoliticsGreek Politics

    at ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry

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  6. Newsletter 428 - 21/06/2024

    Newsletters

    : Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few

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  7. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    leading to a 7.3 percent drop in total final consumption expenditure. Another factor negatively affecting... stood at 5 percent for the whole year, which was broadly similar to the 5.5 percent decline posted

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  8. Omnibus bill passes but leaves marks on coalition and SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    on the government and the main opposition. In the end 152 MPs of 300 in total voted for the first...%, SYRIZA 21.2, To Potami 9.4, GD 8.2, KKE 7.8, Elia/PASOK 5.5, IndyGreeks 4.5, DIMAR 2.8 — MacroPolis

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  9. Greek trade deficit up 12.6 pct in Feb as imports rise

    EconomyMacroeconomy

    by 45.7 percent. The modest rise of the total import figure by 1.8 percent in February stems from a 4.3... impact. The 2-month figure showed a 5.5 percent decline, and 4.8 percent excluding oil. In the 2-month

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  10. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank, the third largest Greek bank by total assets, posted a Q1 net loss of 94.1 million euros from profit of 230.4 million last year. The latter excludes the negative goodwill of 3.28 billion... of 4.1 billion under the base case and 5.5 billion under the adverse scenario. It is noteworthy

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