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Leaders hit campaign trail as ratings remain finely balanced
As party leaders hit the campaign trail in search of votes ahead of the May 21 elections, the latest opinion poll to be published during March indicates that the result of the ballot still remains in the balance.
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Mitsotakis revives spectre of political instability as polls show ND lead diminished
With elections due on May 21 and the gap between the two main parties narrower than at any time in New Democracy’s four-year term, Prime Minister Kyriakos Mitsotakis has set in motion the campaign which he hopes will win back voters.
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Unemployment increases to 11.4 pct in Feb, inactive population rises
Greece’s seasonally adjusted (SA) unemployment rate moved up in February, rising to 11.4 percent, from a downward revised 10.3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Retail turnover grows by 10.8 pct in Jan, volumes of food and fuel sales drop
The growth in Greece’s retail sales picked up pace in January, rising by 10.8 percent year-on-year, after an 8.8 percent increase in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
The pace of Greece’s Producer Price Index (PPI) slowed significantly in February, when it rose by 4.7 percent year-on-year (YoY) compared to 13.5 percent in January, ELSTAT data showed on Thursday.
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Politics
Parties give first hint of strategies in reaction to poll announcement
Political parties in Greece kicked into full election mode after the prime minister announced that he plans to go to the polls on May 21.
Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies
In search of majority, PM looks to bring back wavering voters
Economy
Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly
Greece’s economic sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8, from a rise of 1.7 points in February, according to European Commission figures released on Thursday.
Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
Society
Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
The latest living conditions published by ELSTAT on Friday shows that poverty resumed an upward trend in 2021 after a series of declines that started in 2014, with 2020 marking the most recent annual low.
From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
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Impact of pandemic, lockdowns reflected in lower household spending during 2020
Agora
Does the EU Commission suffer from optimism bias? (Part 2)
In the previous blog we expressed concern that the European Commission may suffer from an optimism bias. We noted that the long-run outlook for real GDP growth in the EU27 as a whole appeared to be based on too-favorable labor productivity growth assumptions.
Our tragedy: How could this happen?
A game of marbles: Are the Parthenon Sculptures coming home?