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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyunchanged, and far superior that the eurozone average, and the fiscal picture remains strong.... The measures that appear certain are the drop in rents taxation, changes in the tax scale
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PMI remains in expansion at 53.1 in June, though firms see export and cost challenges
EconomyMacroeconomy. However, growth in new work was limited by a second consecutive monthly drop in new export orders... helped firms reduce backlogs of work, with unfinished orders declining at a strong rate, matching May
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Newsletter 469 - 04/07/2025
4.35 million, while there was a significant drop of almost 26 pct in the number of unemployed... a rise of 1 pct. Pharmaceuticals increased by 14.3 pct YoY. The data has a strong seasonal
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyhad 23,961 more hires. This led to a year-on-year drop of 8,293 jobs, although it should be noted... been strong in previous months, leading to consistently declining hiring balances in the last few
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyhad 34,979 more departures. This led to a year-on-year drop of 14,250 fewer departures. However..., seasonal job hires had been strong in previous months, leading to consistently declining hiring balances
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Fitch rating upgrade concludes another successful year for GGBs
Economydrop in 2024. Though still nearly triple the BBB-median debt ratio, the figure has fallen more than... growth through at least 2027, driven by strong domestic demand, EU-funded investment, improving
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Fuels and food drive 0.7 pct YoY fall in Sept retail sales
EconomyMacroeconomyGreece’s retail sales dropped by 0.7 percent year-on-year (YoY) in September, after a strong rise of 5.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. September’s..., with fuels down by 7.2 percent, a 3.6 percent drop in foods and non-food up by 2.7 percent. According
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PMI drops marginally in Nov amid declining export orders and rising input costs
EconomyMacroeconomyGreece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global data showed on Monday. The data indicates a modest but continued improvement... historically strong, underpinned by hopes of improving demand and efforts to diversify client bases
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Lost decades for Greek incomes tell different story to recovery narrative
EconomyMacroeconomyThe final 2026 budget submitted to Parliament in November reaffirmed Greece’s strong fiscal performance and the sustained trajectory of declining debt. This was followed by the completion of the year... at the bottom of the table with a 5% drop in household real income, followed by Italy with a 4% decline
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Newsletter 490 - 16/01/2026
by financially challenged households. In these circumstances, concepts of strong primary surpluses... with a contraction of 3. Pct YoY, from 2.4 pct drop in the previous month. Import prices from the non
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