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  1. Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
    Finance Ministry

    EconomyMacroeconomy

    will be weaker than expected. Reports on Wednesday morning suggested that the effort to reduce next year’s... year as part of the process to reach an agreement. The draft economic plan was submitted... in the first nine months of the year. The primary surplus came in at 4.47 billion euros against a target

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  2. Newsletter 254 -19/06/2020

    Newsletters

    introduced by Mitsotakis last year, and which, he argued, has allowed the government to quickly identify... speculation focussing on the one-year anniversary of the New Democracy government on July 7. Mitsotakis... increasingly likely in the near future. held at the end of the government’s four-year term, in 2023

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  3. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    million euros, rising notably compared to the figure of 9.3 million a year ago. The results were... million euros compared to a loss of 274.8 million seen in the same period last year. PPC’s average... EBITDA of 291.8 million a year ago. Net results showed a loss of 150.6 million euros compared

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  4. Newsletter 263 -11/09/2020

    Newsletters

    to facilities in the mainland. It faced angry opposition from local communities last year when... March, 842 auctions were held compared to 1,302 in the same month last year. No auctions took place... of the year, over 8,000 auctions have been scheduled according to eauctions.gr. Banks had been calling

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  5. Newsletter 273 -13/11/2020

    Newsletters

    industry earn revenues in what has been a terrible year for these sectors, as well as many others... last year, S&P had raised Greece’s credit rating to ‘BB-‘, while Fitch moved Greece up to ‘BB’ in January this year. Moody’s rating upgrade brings it now in line with S&P at the equivalent rating

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  6. Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    ) data showed on Wednesday. In the same month last year, the unemployment rate was 16.1 percent... in July 2013. At the same time, the series low is 7.2 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased by 208,940 in November, with total employment

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  7. Newsletter 324 - 21/01/2022

    Newsletters

    benchmark was trading at 0.53 pct yield. Last year, Greece performed seven successful transactions... of 15.8 billion. The demand throughout the year was strong, reaching an aggregate order book of circa 125 billion euros for all transactions. The successes of the year include the appetite for long

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  8. Unemployment falls to 12.8 pct in Dec as jobless number drops to lowest since March 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    on Wednesday. In the same month last year, the unemployment rate was 15.5 percent... in July 2013. The series low is a 7.2 percent unemployment rate in May 2008. Year-on-year, the number... recorded a sharp drop of 16.6 percent year-on-year. Also, it is the first time since March 2010

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  9. Newsletter 340 - 03/06/2022

    Newsletters

    this year. Following a ministerial meeting in Ankara, Erdogan said: “in my meeting with him (Mitsotakis... last year. Goods sold domestically rose by 48.1 pct, while those sold abroad increased by 50.9 pct..., are evident in the latest PMI release that hit the lowest in over a year at 53.8, down by 1 point

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  10. Newsletter 446 - 10/01/2025

    Newsletters

    PoliticsPresidential pick first in long list of New Year tasks for MitsotakisPrime Minister... will be the first political set-piece event of the year as the New Democracy leader tries to claw back some of the support his centre-right party lost last year. Mitsotakis is due to meet incumbent President

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