Search
-
Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... by roughly 140,000 people. Total employment in May was close to 3.9 million people. ELSTAT explains
19% -
Record travel receipts and narrower trade deficit reflected in current account up to May
EconomyMacroeconomyGreece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance... came to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports
19% -
Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicsnot augur well for Androulakis and his vision, however PASOK sources argue that the large portion
19% -
Newsletter 298 - 28/05/2021
case the fear may be more pronounced because the scars of the country’s previous crisis had barely... is failing to make inroads on a key battleground. primary residence auctions that is expected in the coming... rises to 108.6 pts in May Industry confidence hits hightest level since 2007 Greece’s economic
19% -
Newsletter 302 - 18/06/2021
losses, privatisation of pensions, bankruptcies without primary residence protection, and fewer... rose by 359 mln in May The outstanding balance increased to 168.1 billion euros Net deposit movements in the Greek banking system continued to grind higher, increasing by 359 million euros in May
19% -
Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeby the borrower should be no more than double the threshold for the primary residence i.e. 500,000 euros. Naftemporiki’s report suggests that this threshold may drop dramatically to be in line... of the draft law for the protection of primary residences from foreclosure so the bill can be tabled
19% -
ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicsemployees in May and June. For businesses, he added that there is package being put together to offset..., Italy, Germany, France and Spain. He also called on the government to extend the primary residence.... Primary residences The government has been under pressure from SYRIZA, which is accusing New Democracy
19% -
Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek Politicsat 70 percent of market rates for ten years, after which tenants may buy at a capped price... their principal residence rose from 22.8 pct in 2010 to 30.3 in 2024, a rise mirrored by a growing...-stay rentals, approximately 180,000 residences have been withdrawn from the market since 2011
19% -
Androulakis presents governing plan, dances around questions about post-election alliances
PoliticsGreek Politicsscheme as a real estate instrument, saying residence permits would be tied only to productive...”, adding: “We wish them good luck — may the best populist win.” This line of attack is part..., including protection of primary residences, strict rules for funds and servicers, mandatory creditor
19% -
Deposits rise for third straight month in May, reaching 162.1 bln
EconomyMacroeconomyGreek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight
19%