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Newsletter 430 - 05/07/2024
. Hungary, which is in the second worst position, saw hourly wages drop by 15 pct in the same period... disagreements have a place in the party, anyone who disagrees with the need for constitutional changes
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Dispute over hospital doctor shortages rages as minister makes controversial Turkey comments
PoliticsGreek Politicsas “invaders”, Georgiadis saw an opportunity to raise his own profile by making comments that would... that anyone who has a private practice on Kos can be called in at any given moment to work for the state
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Opposition slams PM's positive assessment of Athens wildfire response
PoliticsGreek PoliticsKyriakos Mitsotakis chaired a ministerial meeting to review the events which saw a seemingly..., asserting that the government “will not allow anyone to pick apart the significant effort made this year
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Mitsotakis hits back at criticism from far right
PoliticsGreek Politicsfeel positive about the outcome of the PASOK leadership contest, which saw Nikos Androulakis retain... anyone.” Officials have been concerned for some time about the rise in support for far-right
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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