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  1. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    the OECD’s predictions, the Greek economy was set to shrink by 8 percent under a single wave scenario

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  2. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 3.32 billion euros in July, up sharply from inflows of 448 million in June, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 151.50 billion euros, reflecting savings

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  3. Credit growth up by 1.5 pct in July

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose by 1.5 percent in July after an increase of 0.4 percent in June, Bank of Greece (BoG) figures showed on Thursday. The outstanding balance increased to 147.58 billion euros. The latest increase is the highest since August 2010, when the rise in credit

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  4. Fire at archaeological site puts govt's crisis handling under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    A fire at the archaeological site of Mycenae has become the subject of a heated political debate, raising issues of public trust in the government and the media. The citadel dating to the mid-2nd millennium BC, famous as the seat of king Agamemnon, leader of the Greek expedition in the Trojan war

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  5. PM prepares for low key policy speech as poll suggests support for govt still high

    PoliticsGreek Politics

    sources say that Mitsotakis’s speech will be shorter than is usually the case for Greek PM’s at TIF

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  6. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    securitisation which reduced their NPE stock to around 15 percent. This now stands as the lowest in the Greek

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  7. Mitsotakis seeks to reassure on foreign policy, spending plans

    PoliticsGreek Politics

    consultations. The annual Thessaloniki press conference is a ritual of the Greek political calendar which

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  8. Overdue social security contributions rise to 37 bln in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    the four main Greek pension funds based on several theoretical collectability criteria. Total overdue

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  9. Covid-19 puts pressure on health system, forces govt into more restrictions
    Photo via https://flic.kr/p/CotMw7

    PoliticsGreek Politics

    countries, including Israel, which has gone into lockdown again. According to Petsas, the Greek

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  10. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate stood at 16.7 percent in the second quarter (Q2) of the year, rising from a rate of 16.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has remained broadly unchanged compared to the Q2

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