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KINAL edges towards more central role in political developments
Centre-left KINAL appears to be moving onto the centre stage of Greek politics and becoming a greater factor in the calculations taking place ahead of the next elections, as evidenced by comments made by SYRIZA leader Alexis Tsipras in a TV interview and the findings of a new opinion poll.
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Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
Greece’s travel balance recorded a surplus of 173.8 million euros in November, from 1.27 billion euros in October, according to Bank of Greece (BoG) data released on Friday.
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Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
Greece’s industrial turnover remains on a solid recovery path, jumping by 39.4 percent year-on-year (YoY) in November, from 40.6 percent in October, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
Greece posted a current account (C/A) deficit of 2.52 billion euros in November, from 780.8 million euros in October, Bank of Greece (BoG) data showed on Thursday.
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Politics
Questions over handling of rape case turn spotlight on policing and legacy of Greek #MeToo
The handling of an alleged rape has prompted calls for justice and impartiality over concerns of a potential cover-up, while it has raised questions about progress in the government’s drive to tackle violent crime against women.
SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
Govt hails success of vaccine mandate amid continuing surge in 'hard' indices of pandemic
Economy
First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Greece stepped into the international markets on Wednesday with an inaugural 10-year benchmark, rolling out its 12-billion-euro debt strategy of 2022.
Central gov primary cash deficit plummets to 9.86 bln in 2021
Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
Society
From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
A lot has happened in the two years since Kyriakos Mitsotakis, freshly elected as Greek PM, took to the stage at the UN General Assembly in 2019 to launch “a new, ambitious, national strategy on energy and climate change” for Greece, a strategy which was outlined and quantified in the National Energy and Climate Plan adopted a few months later.
Impact of pandemic, lockdowns reflected in lower household spending during 2020
Short-term fix for electricity bills leaves open questions for green transition strategy
By:
Agora
Public sector capital stock in Greece and the Euro-19
Capital is a key input in the production function of a country’s economy. It makes another crucial factor, namely labor, more productive if such capital is efficient (quality) and sufficient (quantity).
Podcast - The Greek economy: A macro view
Earth, wind & fire: Greece, clean energy & the climate crisis