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  1. Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
    Photo by MacroPolis

    EconomyMacroeconomy

    , construction confidence has dipped by 0.1 points.

    2%

  2. Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
    Photo via https://flic.kr/p/vtC3Ur

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 14.2 percent in July from 15 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the lowest the figure has been since November 2010. In the same month last year, the unemployment rate was 16.8

    2%

  3. Industrial turnover continues on recovery path with 25.2 pct rise in June
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    month-on-month to stand at 10.5 points. Year-on-year, industry confidence has improved by 26 points

    2%

  4. Rise in wages index slows to 2.5 pct in Q2 but hits six successive quarters of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    in Q1. The index has been recording annual rises continuously since the last quarter of 2017. The NSA

    2%

  5. Banks moving at pace on road to recovery

    EconomyBanking

    below 35 billion euros. At the peak, they were edging close to 120 billion euros. The NPE ratio has

    2%

  6. Some key tasks pending as Greece edges closer to completing post-programme process
    Photo by EC - Audiovisual Service

    Economy

    Greece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission. The report concludes that Greece has taken the necessary steps to achieve its commitments

    2%

  7. FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
    Photo by MacroPolis

    EconomyMacroeconomy

    , or 0.9 pct of GDP, higher from the MTFS estimate by roughly 1.1 billion euros. The ministry has also

    2%

  8. France defence pact secures strong backing despite questions over finances, motives
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    region, Mitsotakis said no such thing has been agreed and that the agreement with France only triggers

    2%

  9. IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in 2022. The European Commission has yet to release its Autumn forecasts. In the summer estimates

    2%

  10. Unemployment falls below 14 pct for first time since Oct 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 13.9 percent in August, from a downward revised 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the first time the unemployment rate in Greece has fallen below 14 percent since October 2010

    2%