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  1. Unemployment stable at 9.4 pct in Dec, improves by 1 point in 2024
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in December, edging down marginally to 9.4 percent, from 9.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In Decemb...

    7%
  2. Hiring balance turns negative in Dec, 2024 balance down by 46,300 jobs
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance ended 2024 with a negative balance, as there were 14,218 more departures than hires in December, according to data from the Labour Ministry’s Ergani information system. The hiring balance in December last year was positive by...

    7%
  3. Retail sales suffer sharp YoY drop of 5.1 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales concluded 2024 in deep contraction with a drop of 5.1 percent year-on-year (YoY) in December, after a rise of 1.9 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index al...

    7%
  4. Sharp drop in Jan unemployed leads to lowest rate since Dec 2008
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    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 8.7 percent in January, from 9.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemployment rate was 11.7 percen...

    7%
  5. Economic sentiment rises in Dec despite sharp drop in retail trade
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved in December, with the index at 107.4 points, from 105.9 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, December’s ESI was lower by 1 poin...

    7%
  6. Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025

    EconomyMacroeconomy

    Vehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2024, licences h...

    7%
  7. 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, from 8.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In December last year, the unemployment rate was 9.4...

    7%
  8. Trade deficit jumps to 3.5 bln in Dec, full year down by 5.9 pct at 33.52 bln
    Photo via https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit rose by 2.4 percent year-on-year (YoY) in December, after a drop of 15.1 percent in November, according to data released by ELSTAT on Friday. The deficit came to 3.55 billion euros for December. Imports totalled 7.66 billion euros...

    7%
  9. Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 3.86 billion euros in December, from 2.08 billion euros in November, Bank of Greece (BoG) data released on Friday showed. In December 2024, the balance showed a deficit of 3.73 billion euros. The Bank of Gr...

    7%
  10. Retail sales conclude 2025 with jump of 6.9 pct YoY in Dec
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales growth jumped by 6.9 percent year-on-year (YoY) in December, after a rise of 2.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Over the full 2025 year period, sales have only dropped ...

    7%