Macroeconomy
Trump trade war could take a toll on Greek economy
As the Trump presidency nears the end of its first month in office, it is clear that America First will dominate US economic and foreign policy, and the protectionist approach to US trade will be the cornerstone of Donald Trump's goals for economic and diplomatic influence.
Budget starts 2025 strongly, registers 2-bln-euro surplus
The budget primary balance opened the new year with a surplus of 2 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Import prices rising again as Dec sees 0.6 pct YoY increase
Greece’s import price index ended 2024 with a 0.6 percent year-on-year (YoY) rise in December, after a 2.8 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
CPI at 2.7 pct in Jan as rent rise of 9.2 pct highlights housing cost difficulties
The growth in Greece’s Consumer Price Index (CPI) continued the moderate upward trend in January with a rise of 2.7 percent year-on-year (YoY), from 2.6 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Car sales start new year with a drop of 3.4 pct YoY in Jan
Vehicles going into circulation for the first time started the new year with a drop, falling by 7.4 percent year-on-year (YoY) in January, after a marginal decrease of 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
New data shows rise in average wage, but overall impact limited
The Labour Ministry released recently the latest annual report for 2024 based on data on its Ergani system that maps out the earnings landscape for wage earners in the private sector in Greece.
Industrial production ends 2024 in growth, up 5.2 pct in full year
Greece’s Industrial Production Index (IPI) picked up pace in December with a 5.8 percent year-on-year (YoY) rise, after a downward revised 3.3 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
Greece’s trade deficit dropped by 9 percent year-on-year (YoY) at the close of 2024, after a rise of 18.7 percent in November, according to data released by ELSTAT on Friday.
Hiring balance turns negative in Dec, 2024 balance down by 46,300 jobs
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.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
The IMF published on Friday the staff statement following the conclusion of the mission in the context of Article IV consultations, noting the progress that Greece has achieved in recent years on the fiscal and debt fronts.