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  1. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 2.34 billion. Month-on-month drops were noted in four out of six underlying subcategories... in four out of the six underlying subcategories. The largest increase was seen in hospitals (+318 million.... With bank support guarantees at 320 million as mentioned, the remaining total was split between non-gg

    9%

  2. Hercules nears end of its first cycle with National Bank's participation
    National Bank

    EconomyBanking

    of the country’s major banks now includes all four systemic lenders following National Bank of Greece’s... on the securitisation of the Phoenix portfolio worth 2 billion euros. The four systemic banks have said... to as a “bad bank”, that will take on all remaining NPEs after securitisations, and any new ones which

    9%

  3. Govt unveils new Covid support measures amid growing public anxiety

    PoliticsGreek Politics

    the public’s anxiety over the impact of the pandemic. Four out of 10 respondents to the survey by Metron... they expected their income to reduce, and one in four said they feared losing their job... standing at 1.06 and positivity rates in the past week remaining high at 4.3%. Hinting at some

    9%

  4. PMI softens to six-month low, but employment in manufacturing grows at record pace
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    numbers relieved capacity pressures with the buildup of backlogs easing at the slowest rate in four months... performance deteriorated to the lowest in four months and the pace of cost inflation picked up in raw... manufacturers, remaining strong in January due to hopes of further client demand growth. “January

    9%

  5. Mitsotakis sweeps aside election talk as ND continues to suffer in polls
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    four-year term, next spring/summer. He also dismissed the idea of changing the electoral law again... stages of its four-year term in office. A new survey by Alco for Open TV sees support for ND dropping... conference when he spoke in Parliament last week, suggesting that he wants to kill off any remaining

    9%

  6. Tourism jobs deliver highest April hiring balance on record at 124,365
    Photo by MacroPolis

    EconomyMacroeconomy

    with 34,647 more hirings. The top four job roles are waiters, kitchen staff, cleaning staff... the first four months of 2022 the employment balance is positive with 148,123 more jobs, against..., with the remaining classed as layoffs. Both hirings and departures were significantly higher in April

    9%

  7. Newsletter 386 - 23/06/2023

    Newsletters

    the next four years as these parties are likely to be competing to convince voters that they represent... at least to some extent on the energy front, the balance of payments data of the first four months... by 12 pct to 17.34 billion euros. Most international organisations see the current account remaining

    9%

  8. Govt looks to tax bonanza for autumn handouts announcement
    Photo via https://flic.kr/p/GG7K6F

    PoliticsGreek Politics

    since resuming office for another four-year term in July. Thessaloniki, the traditional venue... “big four” football teams, Mitsotakis announced a raft of measures which he said were intended... for remaining silent for several days after the incident, while describing the announcements

    9%

  9. Greek manufacturing PMI at 51.3 pts in Dec, nearing a year of expansion
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    for the first time in four months, despite being only fractional, thanks to greater demand in key export... to higher demand and production needs, employment expanded in December at the fastest pace in four months...Greece’s Manufacturing PMI experienced marginal gains in December, remaining in expansion territory

    9%

  10. Government hails rule of law progress but open investigations continue to raise questions
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    of the Commission’s recommendations from last year and made measurable progress on four other fronts... the private sector which only one in four Greeks sees as corrupt, compared to a third of Europeans.... see it as remaining the same and only 5 percent believe the situation has improved. The survey also

    9%