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  1. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate fell for the third straight month in April, when it declined to 23.3 percent from a downward revised 23.7 percent in March, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The April headline figure is the lowest

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  2. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greece’s trade deficit continued heading north for the second straight month, albeit at a slower pace, increasing by 12.5 percent in May after a 21 percent rise in April, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The headline figure for May is the third positive reading so

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  3. New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln
    Photo by MacroPolis

    Economy

    Greece’s new unpaid taxes rose by a notable 1.25 billion euros in May, which is a much faster pace compared to the increase of 694 million recorded in April, General Secretariat of Information Systems (GSIS) data showed on Tuesday. The headline figure for May represents the highest monthly rise

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  4. Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
    Photo by EU Council via Flickr https://flic.kr/p/q4fbAG

    EconomyProgramme

    European Commissioner for Economic and Financial Affairs Pierre Moscovici sought to kill off the discussion about lowering Greece’s post-2018 primary surplus targets when he visited Athens on Monday. During a press briefing following a meeting with the Greek Finance Minister Euclid Tsakalotos

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  5. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5 percent from the 1.88 billion recorded in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday. Compared to target, the headline

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  6. Simple majority for new electoral law, which threatens future complications
    Photo by MacroPolis

    PoliticsGreek Politics

    of Centrists. The party’s leader, Vassilis Leventis, was very enthusiastic in his support of the bill

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  7. Greeks' views on Muslims out of step with other Europeans, survey indicates
    Photo via Flickr https://flic.kr/p/xXnAaH

    Society

    refugees increase the likelihood of terrorism in one’s country, Greeks (55 percent) were below

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  8. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    changes in this year’s ENFIA compared to 2015. The objective property prices have been downward adjusted

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  9. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    Greece’s budget primary surplus was confirmed at 2.47 billion euros in the first half of 2016 from 1.88 billion a year ago, corresponding to a notable improvement of almost 31 percent, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. It is noted that preliminary budget

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  10. First phase of process to find strategic investor for ADMIE completed

    Economy

    by December and will privatise ADMIE in 2017. According to its 2015 financial statements, ADMIE’s

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