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  1. Building activity continues to grow, rising by 13 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded solid growth in June, rising by 13 percent year-on-year (YoY), after a rise of 15.8 percent in May, 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 the first

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  2. Parties ponder next steps as dust settles following local elections
    Image: MacroPolis

    PoliticsGreek Politics

    not significantly alter the balance of power nationally. For social democrats PASOK, the results which saw

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  3. PM urges ministers to heed local vote warnings as opposition looks ahead

    PoliticsGreek Politics

    Kyriakos Mitsotakis called on his ministers to heed the warnings of the second round of the local elections, which saw New Democracy lose in five of the six remaining regional authority contests while also seeing the candidates the conservatives were supporting lose control of the country’s two

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  4. PM makes delayed Israel visit to offer support, express concerns about humanitarian impact
    Image: @IsraeliPM

    PoliticsForeign Policy

    citizens against horrific violence, which saw 1,400 killed, while also agreeing that provisions

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  5. Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
    Image: MacroPolis

    PoliticsGreek Politics

    divisions within SYRIZA appear to be coming to a head after a night which saw leader Stefanos Kasselakis

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  6. Building activity resilient, permits higher by 11.1 pct up to July
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits remained on a solid footing in July, rising by 7.5 percent year-on-year (YoY), after a rise of 13 percent in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. Permits have been growing annually this year except in February, which saw

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  7. Hiring balance up to August improves by 43,573 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance stayed negative in August, with 15,826 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year saw -32,966 more departures, suggesting a year-on-year improvement of 17,140 jobs. Total

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  8. SYRIZA loses Umbrella during stormy weekend
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    the party saw this is a crude power play by Kasselakis and his speech to committee members

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  9. PM brushes aside political cost of self-employed tax bill as main opposition unravels
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime 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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  10. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    , as we saw above. With 2 percent inflation, that makes for 2¾ percent nominal growth. If the 60 percent

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