Search
-
June unemployment rate at 9.6 pct as seasonality favours labour market
EconomyMacroeconomyby 79,229 people, with total employment comfortably staying well above the four-million mark, at roughly... people year-on-year and stands at 3.03 million. The unemployment rate among women fell by 2.2..., improving by 34,290 jobs year-on-year. Total hires were 1.71 million, against 1.37 million departures.
5% -
Moody's latest agency to up outlook to positive, keeps rating below investment grade
EconomyGreece to comfortably meet the primary surplus targets of 2.2 pct from this year to 2026... that the total envelope is worth 16.3 pct of GDP and out the total of 36 billion euros in grants
5% -
Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomyeconomy is expected to grow by 2.2 pct this year, essentially unchanged from the 2.3 pct of last year.... This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget... the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal composition
5% -
Debt position a bulwark against global turbulence
EconomyMacroeconomythe yield curve and their small size poses limited risks. Greece’s total funding needs for the year... profile with actual bond maturities for 2025 at 2.2 billion euros. The bond maturities will remain... total annual funding needs dropped below the critical level of 10 pct of GDP and they are seen
5% -
Newsletter 455 - 14/03/2025
. This is the largest orderbook on record for any syndicated issue by Greece, attracting a total of 430... and the total of 7 billion euros essentially completes the entire debt strategy for the year, which... increased by 2.2 pct. Excluding the impact of oil products and the value of ships, imports increased
5% -
Alpha Bank's 2025 net profits at 943.3 mln, cash dividend at 259 mln
EconomyBankingeuros in 2025, down by 2.2 percent year-on-year, from 1.65 billion in 2024. Net fee and commission... Total Capital Ratio is 20.2 percent. The bank plans to distribute more than 50 pct of its profits back to its shareholders, with a total ordinary cash payout of 259 million euros, including the interim
5% -
Newsletter 507 - 05/06/2026
growth estimate downwards to 1.9%, from 2.2% in the previous outlook in December. At the end of last... spending by 1.7%, leading to total domestic demand growth of 3.2%. Exports of goods and services were expected to grow by 2.5%, with imports seen rising by 4.3%. In this week’s new outlook, total
5% -
Rising prices and energy pressures threaten to undermine 2026 outlook
EconomyMacroeconomypeers. The OECD revised its growth estimate downwards to 1.9%, from 2.2% in the previous outlook... by almost 9%, and government spending by 1.7%, leading to total domestic demand growth of 3.2%. Exports...’s new outlook, total demand growth is more moderate at 2.5%, with private consumption forecast
5% -
Energy drives closer cooperation between Greece, Cyprus and Egypt
PoliticsForeign Policyprocess on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president
5% -
Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal
5%