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  1. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent

    2%
  2. Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 16,128 was recorded, this year’s figure has improved by 1,726. Hirings came to 164,513 versus a total

    2%
  3. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    to -3.7 in August. In the year to date, industry confidence has improved by 2 points.

    2%
  4. Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . Compared to August 2016, the state budget deficit has improved by 52.6 percent. Revenues Gross

    2%
  5. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Greece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86. The annual report, compiled and released by the World Economic Forum, tracks

    2%
  6. Credit contraction eases to 0.9 pct in August

    EconomyMacroeconomy

    . The balance remained below the 24-billion-euro mark and came to 23.82 billion. There has been credit

    2%
  7. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has transferred to general government bodies an amount of 3.72 billion for arrears clearance, 550

    2%
  8. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the figure has fallen below the 50-billion euro mark. The driving factor behind the fall

    2%
  9. Birth rate rises by 1.1 pct in 2016 but remains under 100,000
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    Hellenic Statistical Authority (ELSTAT) has released statistics which present an overview of demographics and societal trends in Greece in 2016. The report shows that in 2016, a total of 92,898 live births were registered, an increase of 1.1 percent compared to the previous year. However, births

    2%
  10. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    unemployment to stand at 21.9 percent for 2017. The OECD has said that it expects the jobless rate

    2%