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  1. Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter... instead of full-time, while 12 percent were exclusively looking for a full-time job. An almost stable

    6%

  2. Gov't hits back as pension reform row heats up
    Photo by MacroPolis

    EconomyProgramme

    of the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... and the previous governments had made 12 cuts to pensions since then. 2) The domestic economic

    6%

  3. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    by 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16 percent since the end of 2010 with aggregate loan net deductions of around 12 billion over this period

    6%

  4. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    percent since the end of 2010 with the relevant loan net deductions close to 12 billion over... forecasts calling for a further fall in housing prices by 5 percent in 2016 and 1 percent in 2017

    6%

  5. Multiple crises fence in Greece
    Photo by Harry van Versendaal

    Agora

    to be insisting on cuts to pensions as the main path for Greece saving 1.8 billion euros (equivalent to 1 percent... the European Union average but has risen from less than 12 percent since the beginning of the crisis due

    6%

  6. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    by 12 percent from last year to 393 million. On the flipside, income tax posted a drop of 9.8 percent... expenditure largely reflects proportionally lower costs for: 1) Operational and other expenditure of 100

    6%

  7. Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent contraction announced on February 12, Hellenic Statistical Authority (ELSTAT) provisional data... performance (-1.7 percent). GDP at current prices eased 0.3 percent QoQ in Q4 decelerating from the 1 percent

    6%

  8. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    programme point to a further decrease in housing prices by 5 percent in 2016 and 1 percent in 2017... with aggregate loan net deductions of around 12 billion over this period. Bank of Greece figures show

    6%

  9. Greek bailout talks yet to conclude as start of IMF meetings approaches
    Photo via Flickr https://flic.kr/p/fNU1XB

    EconomyProgramme

    income between 12 and 20,000 euros up to 50 percent for incomes above 65,000 euros. The key area... measures proposed by the government that are supposed to yield 1 percent of GDP. Non-performing loans

    6%

  10. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    are proportionally in line with the annual target, while the recorded underspend mainly stems from: 1... million in April, while the 4-month figure increased by almost 12 percent to 919 million, 201 million

    6%