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PM brushes aside political cost of self-employed tax bill as main opposition unravels
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis appears determined to pass a controversial tax reform in the teeth of opposition from unions and his own party’s lawmakers. The response from main opposition SYRIZA has been muted, as the leftist party continues to be consumed by internal wrangles which saw
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Greece - Some structural macroeconomic arithmetic
Agora, as we saw above. With 2 percent inflation, that makes for 2¾ percent nominal growth. If the 60 percent
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Aug sees second annual drop in building activity with 4 pct decline
EconomyMacroeconomyin February, which saw the first annual decline since July last year. The total number of permits issued
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How Greece reduced its unemployment rate to less than 10 pct
Agoraand commerce fully reflect the property market’s difficulties, which saw prices drop by 40 pct
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New Democracy leadership headed for showdown with right wing over migrant labour bill
PoliticsGreek Politicsby the former PM, who recently told a Sunday newspaper that he saw it as his duty as a former premier
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Amendment for migrant workers passes amid turmoil for government
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is hoping to move on swiftly from Tuesday’s vote in Parliament, which saw MPs approve an amendment that permits the Greek authorities to issue migrants who have been living in the country for over three years with work visas with the aim of easing labour shortages
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Building activity returns to growth in Sep, up 9 pct in 9M
EconomyMacroeconomyBuilding permits returned to growth in September, rising by 6.2 percent year-on-year (YoY), after a drop of 4 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. Permits have been growing annually this year except in February, which saw
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Dependency on tourism highlighted by negative hiring balance of 82,463 in Nov
EconomyMacroeconomyGreece’s employment balance stayed negative in November, with 82,463 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in November last year saw 83,627 more departures, suggesting a year-on-year improvement of 1,164 jobs. Total
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Despite months of input cost declines, rise in agriculture prices doubles to 3.8 pct in Nov
EconomyMacroeconomy, with animal feed also down by 8.7 percent. The rest of the components saw increases, with other goods
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politics. PASOK has overtaken SYRIZA, with support of 10.7 pct against 10.5 after the leftists saw their backing
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