Greek economic sentiment and consumer confidence fall sharply in December

EconomyMacroeconomy Tags: Sentiment

After improving in the preceding two months, Greece’s economic sentiment (ESI) fell by 3.8 points to 98.9 in December from 102.7 in November, according to the European Commission (EC).

The ESI figure for December is the lowest reading since Apri, while the monthly change suggests the sharpest drop so far in 2014. This development reflects the political uncertainty that emerged with the failure of the presidential election and the cons...

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