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Newsletter 269 -16/10/2020
, the conviction of far-right extremists will only fuel the polarisation between ND and SYRIZA. In the meantime... recorded increased activity from 16 far-right groups as Golden Dawn has faded from prominence... Dawn does not necessarily spell the end of the far-right in Greece, just as it seems unlikely to pave
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economytime so far in 2013. Following a relatively stronger fiscal performance compared to the previous month... to the targets being beaten over the last four months, even though there is a steady increase in unpaid... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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IMF sees war having moderate impact on economy, while fiscal outlook remains solid
EconomyMacroeconomyas the IMF maintains the long-standing view that the Greek economy faces structural issues that without... trajectory, dropping to roughly 137 pct of GDP this year and estimated at roughly 111 pct of GDP by 2031... sees the economy growing by 1.9 pct this year.
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyincreased by 2.3 pints to 4.8 in July posting a cumulative rebound of 27.6 points over the past 10 months
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomysuccessive positive months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October
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New asylum law comes up against old failings
Agoraof a policy paper written by the European Stability Initiative (ESI) think-tank last January titled..., the ESI argued that if a similar system is adopted in Greece, the EU-Turkey agreement could be applied... available so far this year shows that a significant proportion of arrivals in Greece are from
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomyGreece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from... the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2 points away from the previous high of February 2020 with 113.2 point. The EU average ESI stood
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicsprompted an outrage response from SYRIZA, which accused ND of making a “clear deal with far-right... with Chinese officials over Huawei’s efforts to counter US efforts aimed at limiting the telecom giant’s expansion. The claims were made in the wake of a New York Times article that alleged Huawei’s
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points
30%