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  1. Building activity recovery continues in Aug, up by 29 pct in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    Authority (ELSTAT) data released on Friday. The total number of permits came to 1,468, from 1,303... permits rose by 29.1 percent. Total permits in the aggregate period stood at 15,366. Surface area... by 5.5 points, staying positive at 6.8 points, with a remarkable recovery of 50.8 points since January.

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  2. Implementation snags hang over ambitious post-Covid recovery plans

    PoliticsGreek Politics

    . The latest additions bring the total of projects in Greece 2.0 to 230 and a total of 10.2 billion euros... on to 12.5 pct, while far-right Greek solution overtook KKE to poll fourth with 5.5 pct compared

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  3. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    billion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1 billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package

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  4. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    of 15.8 percent. A total of 591,573 were registered as unemployed in Q2, decreasing by 8.6 percent... of long-term unemployed (more than 1 year) came to 370,400 people, representing 62.6 percent of the total...-employed with employees dropping by 5.5 percent, self-employed without dropped by 1.3 percent, while

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  5. Tsipras hits back with own economic pledges, choice for voters to ponder
    Image: www.syriza.gr

    PoliticsGreek Politics

    Democracy leader set out 5.5 billion euros worth of immediate and longer-term interventions, mainly aimed... RRF money to SMEs via the Hellenic Development Bank and preventing the total privatisation.... The arithmetic involved means that the winning party, or coalition, would need a total of around 44

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  6. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . Revenues beat the target by 5.5 billion euros, reaching 60.96 billion, led by taxes that are seen reaching... of GDP, or 3.58 billion euros, which is improved on the target of 2.2 pct of GDP. The total deficit... of GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1

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  7. Newsletter 367 - 27/01/2023

    Newsletters

    is on 10.5 pct, the Communist Party (KKE) on 5.5 and Greek Solution on 3.5 pct. The survey shows.... The government expected total tax revenues in 2022 of 50.05 billion euros, a rise of 7.5 pct against... the target of 18.76 billion euros. Total indirect taxes came to 31.58 billion euros, against an initial 2022

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  8. Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
    Photo by MacroPolis

    EconomyBanking

    normalised trading income was 72 million euros, from 19 million in 2021. Total operating expenses... funding dropped to 5.5 billion, after a 9 billion euros repayment, from the 14.5 billion euros full... was 11.5 percent, while the total capital ratio was at 16.4 percent. The respective ratios at the end

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  9. Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    trading income was 8 million euros, from 72 million in Q1 2022. Total operating expenses stood... funding stayed at 5.5 billion, after a 9 billion euros repayment, from the 14.5 billion euros full... was 12.2 percent, while the total capital ratio was at 17 percent. The respective ratios at the end

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  10. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    of energy prices on disposable incomes, with measures totaling 5.5 pct of GDP, of which 3.6 pct of GDP... rate as total support in 2023 is not expected to exceed 1 pct of GDP, as energy prices have... moderate growth of 2.4 pct, from 9.3 pct in 2022. Total domestic demand will only rise by 0.9 pct

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