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  1. Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    Greece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty in a “multidimensional” way, considering education, gainful employment, housing and housing environment and health

    9%

  2. Court ruling on pension cuts more political problem than legal obstacle for govt
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than about the interventions that the coalition will have to make in the coming years. Tsipras

    9%

  3. Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities

    EconomyMacroeconomy

    of debtors (40,514 taxpayers) owe more than 100,000 euros, with the total making up 89.2 percent

    9%

  4. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    than 65 years for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5

    9%

  5. FDI, rather than tax cuts, holds key to stronger growth rates - study

    EconomyFeatures

    percent by 2028. By 2028, real private consumption would be 2.5 percent higher than in the baseline

    9%

  6. Car sales more than treble in April from depressed level last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 23,128 new vehicles still 5.4 percent lower than April 2019’s total. Car sales in April came

    9%

  7. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to housing loans down by more than 15 billion euros, followed by corporate loans at 8.11 billion euros

    9%

  8. Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    negative by 25,804 more firings than hirings

    9%

  9. Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive

    9%

  10. PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March

    9%