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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomy. A total of 467,619 were recorded as unemployed in Q2, decreasing by 18.6 percent from the previous... by 2.2 percent from the same quarter of 2023. The number of economically inactive people who... to 248,600 people, representing 53.2 percent of the total unemployed. Alarmingly, the largest portion
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Newsletter 446 - 10/01/2025
the liquidity across the yield curve and their small size poses limited risks. Greece’s total... a very benign debt maturity profile with actual bond maturities for 2025 at 2.2 billion euros. The bond... is surpassed. In 2024, Greece’s total annual funding needs dropped below the critical level of 10 pct of GDP
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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicsin the global economy mean that Greece has to find new destinations for its exports. Total Greek exports continued to decline last year, falling by 2.2 pct after a decline of 8.5 pct in 2023. This further fall put their total value at less than 50 billion euros. Government officials have been trying to dampen
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Newsletter 461 - 09/05/2025
Democracy. Only 20.5 pct of total respondents said they believe that PASOK can recover and challenge... years out of a total debt stock of 364.8 billion euros. The minister added that Greece will continue... of oil products and ships, the trade deficit increased by 2.2 pct YoY in March, to 2.28 billion euros
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Newsletter 488 - 12/12/2025
if Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry..., a fraction of the total 17.8 billion. Electricity production via renewables is receiving the lion’s share, close to 7 billion euros and just over 39 pct of the total. Tourism follows with around 22 pct
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyif Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry’s..., a fraction of the total 17.8 billion. Electricity production via renewables is receiving the lion’s share, close to 7 billion euros and just over 39 pct of the total. Tourism follows with around 22 pct
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammemeasures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74... and tourism, which account for 2/3 of total exports, have significantly lagged other countries... and restructured loans at 40 percent of total loans by the end of 2013. The coverage ratio (cash
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... to the same period of 2013. Last year closed with total arrivals of 17.9 million or 20.1 million if cruise ships are included. Including cruise passengers, the total number of visitors for 2014 is expected
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy-1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between... is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after
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Newsletter 31 - 19/06/2015
moderate outflows of around 2.9 and 1 billion, respectively. More than 70 percent of total withdrawals..., corresponding to 42.3 percent of the total outflow. Management at the country’s banks also indicated... for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent
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