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  1. Fitch takes no rating action as fiscal continuity remains crucial to investment grade
    Photo by MacroPolis

    EconomyMacroeconomy

    ), Moody’s has Greece at ‘Ba3’, three notches from investment grade. Fitch did revise up the outlook... of this year is expanding by a rate of 12 pct annually. The improvement in public finances has led

    2%
  2. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data... 2019, employment has increased by an impressive 19 pct, despite a drop of 6 pct in 2020 to 2.05 million

    2%
  3. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount

    2%
  4. Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the total unemployed. Alarmingly, the largest portion, 123,700, has not worked for more than four years, though the figure dropped from the previous quarter in absolute terms. It has also dropped sharply

    2%
  5. Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    negative reading since February 2021, when the index had contracted by 3.1 percent and it has been... in March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually

    2%
  6. Bond re-opening with 4 pct yield completes debt strategy for year

    Economy

    . This takes the total drawn through re-openings to 900 million euros. Greece has also issued two new.... Greece has ahead the positive developments of a stable government with a comfortable majority

    2%
  7. Podcast - Greek elections: That's a wrap

    Agora

    At the second time of asking, Kyriakos Mitsotakis has been re-elected as the Greek Prime Minister and his centre-right New Democracy party has won a second term in office. The June 25 elections saw the conservatives cruise to an eight-seat majority in Parliament as the collapse of their main rival

    2%
  8. Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece has experienced since the end of 2009, as the country was approaching its first adjustment... has reached 185,566, improved by 32,443 more jobs year-on-year. Total hires were 929,112, against

    2%
  9. Import prices fall sharply in May as energy drops by 40.5 pct

    EconomyMacroeconomy

    with a 39.1 percent rise. Growth has been slowing down since. That said, due to last year’s unprecedented... of 3.5 percent, after a decline of 0.7 percent in the previous month. The index now has seven

    2%
  10. Podcast - Lost at sea: The Pylos shipwreck and its aftermath

    Agora

    Lydia Emmanouilidou, who has been covering the story, to find out what survivors told her and to discuss how and why the ship sank and what questions that has raised about how the authorities

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