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  1. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    annum. It is worth noting that those figures have materially deteriorated over the past five years... two figures are by far the highest readings in the past eleven years, according to ELSTAT.

    5%

  2. Electoral law vote brought forward, refugee crisis returns to political agenda
    Photo by MacroPolis

    PoliticsForeign Policy

    be altered in the past days in a bid to secure the support of PASOK and To Potami, no such changes have..., refugees have been landing on the island (albeit in relatively small numbers) every day for the past

    5%

  3. Bank of Greece report overviews lenders' profitability, urges drastic NPL management
    Photo by MacroPolis

    EconomyBanking

    The Bank of Greece (BoG) published on Tuesday an overview of the Greek financial sector, providing an update on the key developments and data over the past five years regarding banks’ profitability, loan quality and cards’ transactions. The report showed that over the past five years, Greek banking

    5%

  4. Wages index up by 0.7 pct in Q1 for second straight increase

    EconomyMacroeconomy

    percent decline in Q4. Over the past five quarters, the wages index has rebounded QoQ only once... the past six year incorporates new collective labour agreements and shift towards more flexible

    5%

  5. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . Over the past 12 months, the number of jobs has risen by 59,700, while the number of unemployed has retreated by 73,800. However, both changes show a decelerating trend over the past 2-3 months

    5%

  6. SETE study presents short- and longer-term prospects of Greek tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    in the past few years from its peak of 730 euros in 2008, largely reflecting the significant rise in arrivals... that the overnight expenditure remained broadly stable between 69-74 euros in the past ten years, while

    5%

  7. Mitsotakis looks for fresh start as PASOK and Potami ponder way forward
    Photo by MacroPolis

    PoliticsGreek Politics

    that he represents a break with the party’s clientelistic past, while also attacking the government... from New Democracy’s past is not a simple task. This was highlighted by the resurfacing

    5%

  8. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from... of more than 38.5 billion, while loan balances have dropped by 22.2 percent over the past 5.5 years

    5%

  9. A closer look at the composition of Greece's bad loans
    Photo by MacroPolis

    EconomyBanking

    percent a year ago. However, the ratio of performing exposures, which are past due less than 90 days, over... respectively. The report revealed that two-thirds of NPEs that are past due more than 90 days (excluding

    5%

  10. Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July

    EconomyMacroeconomy

    figure is the 21st consecutive negative reading but the lowest rate of decrease over the past seven months. The trailing index shows a decline of 12 percent over the past twelve months. The downswing

    5%