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Latest census data shows demographic challenge is here as population shrinks, ages
SocietyThe demographic challenge facing Greece, and several other European countries, is widely acknowledged and has been presented in detail in the ageing reports published by the European Commission... need for policy decisions to address the developments. The current government has taken a first
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
EconomyMacroeconomyThe universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q4 last year and in Q2 2022 it stood at 71.16 billion euros, according to data released by the Bank of Greece (BoG... and has dropped by 900 million since. In Q4 last year there was a significant drop in NPEs by 16 billion
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
EconomyMacroeconomy, from 4.88 billion in July 2022. The impact of fuel has moderated as the oil balance reached... billion euros, down from 21.42 billion euros in 2022. The oil deficit has been reduced, from 6.37
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Positive sentiment around banks continues to grow
EconomyBanking, thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has... holds a minor stake of 1.4 pct at Eurobank and the bank has officially expressed its interest to buy
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Podcast - Life on Mount Pelion after Storm Daniel
Agoraarchitect who has been living and working in Pelion for many years. Joel spoke to us about how the area, which is also a popular tourist destination, has been coping in the aftermath of the storm. Our
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Kasselakis names core backers for key party posts amid questions over party unity
PoliticsGreek Politicswere to place some of his core supporters in key posts. He has chosen as his chief of staff Manolis... has been given to Giorgos Tsipras, a key party figure who lost his seat in the June elections
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Kasselakis looks to rehabilitate foreign policy credentials with Cyprus visit
PoliticsGreek Politicsby those in SYRIZA who did not support his candidacy. Kasselakis has made several joint appearances... of how well the new leader has fared at patching up the rifts opened by his surprise win. Local
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Parties ponder next steps as dust settles following local elections
PoliticsGreek Politicsand will undoubtedly spell trouble internally. According to media reports, the prime minister has already..., the leadership has been quick to quash any suggestions that they are ready to join forces with the leftists
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Current account deficit drops further, at 6.85 bln up to Aug from 11 bln last year
EconomyMacroeconomyeuros, from 4.74 billion in August 2022. The impact of fuel has moderated as the oil balance... of almost 21 billion euros, down from 25.04 billion euros in 2022. The oil deficit has been reduced
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Number of unemployed falls 18.2 pct in Sep, overall unemployment rate down to 10 pct
EconomyMacroeconomyjobless rates Greece has experienced since the end of 2009, when the country was approaching its.... Unemployment has now breached the half million-mark after it peaked at 1.36 million in July 2013
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