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  1. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    largest union (GSEE) re-affirmed on Thursday his estimate that the unemployment rate would increase

    8%

  2. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget

    8%

  3. Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
    Photo by MacroPolis

    Economy

    is higher than the European average estimate growth of 5.8 percent, while also ranks higher compared

    8%

  4. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    that the economy is bottoming out and its baseline estimate includes the assumption that the recovery

    8%

  5. Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    The Association of Greek Tourism Enterprises (SETE) increased on Wednesday its estimate for international tourist arrivals in 2014 to 19 million from 18.5 million. The upward revision mainly reflects the updated figures for scheduled flights and a rise by 750,000 of tourist arrivals in Athens

    8%

  6. Unemployment rate edges down for sixth straight month to 26.8 pct in March

    EconomyMacroeconomy

    the 25-percent mark. The European Commission and the International Monetary Fund both estimate a drop

    8%

  7. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    the flash estimate of -1.1 percent released on May 15. Greece has experienced negative growth since

    8%

  8. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    in 2013, the IMF and the OECD estimate C/A balance will remain positive in 2014-15, at 0.2 – 0.9 percent

    8%

  9. HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln

    EconomyBanking

    of 34.42 billion is more than double compared to the initial estimate of 16 billion incorporated

    8%

  10. Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct

    Economy

    to 19 million in 2014 from 18 million in 2013. This estimate excludes cruise arrivals, which stood

    8%