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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyGreece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year was also strong, with 126,660 more hires. This led to a year-on-year rise
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicslegislation last week, trying to tread a fine line between the strong opposition to the measures shown... strong public support, “acts as a mechanism to stem the tide of negative assessments
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Ex-ministers escape farm payments inquiry in controversial vote
PoliticsGreek Politicsand constitutional expert Evangelos Venizelos argued that the evident need to resort to strong-arm tactics... demonstrations targeting Israeli tourists have brought strong condemnation from cabinet ministers
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Newsletter 474 - 05/09/2025
of the weekPMI PMI showed strong signs of recovery in August with a strong rise to 54.5 points, from
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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
EconomyMacroeconomyis supported by EU and euro area membership, credible policy framework, and strong political consensus... reserves of 40 billion euros, 16 pct of GDP, provide a sizeable buffer. Strong nominal growth
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Credit growth stable at 10.6 pct YoY in Aug
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures... of 1.26 billion euros in July, with strong inflows over the last few months. The outstanding balance
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Newsletter 479 - 10/10/2025
, specifically VAT. This year will see strong budget revenues, with total taxes estimated to reach 70.88 billion... with the Finance Ministry’s estimates, which has filtered through its calculations, sending a strong signal
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Government budgeting on a late RRF sprint
EconomyMacroeconomyon indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... calculations, sending a strong signal that the ongoing rise in prices is boosting state coffers.
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Business loans drive credit growth of 10.7 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in September, rising by 10.7 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures... of 166 million euros in August, with strong inflows over the last few months. The outstanding balance
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyimplementation as a strategic project. Greece, Cyprus and Israel are also strong supporters of IMEC..., which at least for now has not been feasible due to Athens' strong ties with the Biden administration
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