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  1. Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped further in December to 7.5 percent.... In December last year, the unemployment rate was 9.4 percent. Despite minor fluctuations in recent... people. There were 87,842 fewer unemployed people in December compared with the same month of 2024

    4%

  2. Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
    Image: MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 313.2 million euros in December, compared to 74.7.... The December balance was 83.5 percent higher than the 74.7 million euros recorded in December 2024. Receipts... in December reached 1.32 million, up 49 percent YoY. Arrivals from the EU totalled roughly 705,000

    4%

  3. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after... to the Bank of Greece. The positive change in prices by 0.9 percent in December compared... at 0.1 and 0.8 percent in December. In contrast, miscellaneous goods and services as well

    3%

  4. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of GDP), according to the Bank of Greece (BoG). The C/A deficit in December more than halved to 215... in December) related to SMP income accruing to the ECB and payable to Greece following a Eurogroup...-resident’ arrivals. The respective December figure rose 15.6 percent to 169 million, on increased non

    3%

  5. Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept

    EconomyMacroeconomy

    straight month to 4 percent in January from 3.9 percent in December, with balances reaching 217.61... for the tenth consecutive month on increasing net deductions of 576 million, from 173 million in December... million in December. In particular, housing loan balances contracted 3.3 percent to 70.8 billion

    3%

  6. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    Following a brief rise in December, Greek banks’ Eurosystem funding resumed its downward trend... the increase of 2.55 billion recorded in December. In contrast, the ELA funding marginally rose... and remained steadily above this level in July – December 2012, when Greek Government Bonds (GGBs) were

    3%

  7. No green light from troika yet as Greece moves towards bailout extension
    Photo by MacroPolis

    EconomyProgramme

    to be legislated within December 2014. In an interview with Ta Nea daily, Eurogroup chief Jeroen... on December 8)”, he stressed. He refrained from commenting on the possible solution for Greece... over the 2015 budget is due to begin in Parliament of 2015 shortly ahead of the vote on December 7

    3%

  8. All the numbers that matter in the Greek presidential election
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    in the first round of voting on December 17, in which the government needs the support of 200 MPs. Despite his.... The process If the candidate is not elected on December 17, a second round will be held on December 23. If this ballot also proves inconclusive, a third and final vote will take place on December 29, when

    3%

  9. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    the preliminary figure released on December 12. The final figures indicate higher revenues... by November indicates that December revenues should reach 8.35 billion to achieve the full-year target of 52.81 billion. Although December revenues are seasonally high (2 billion higher than November’s

    3%

  10. Newsletter 11 - 16/01/2015

    Newsletters

    falls short of target A big drop in revenues in December led to Greece’s primary surplus narrowing... to exceed forecasts Deflation in Greece increased to 2.6 percent in December and reached 1.3 percent for the year. The December headline figure is the second lowest since 2001 and was the 22nd consecutive

    3%