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  1. Economic sentiment stable in June, but consumer confidence drops
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained broadly stable in June at 108.7, following the sharp... of the pandemic - the ESI stood at 87.6 and it has posted a significant recovery of 21.1 points... April. The previous high in economic sentiment was in February 2020 at 113.2. The EU average ESI stood

    5%

  2. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    5%

  3. Economic sentiment rises to 113 points in August, but consumer and retail confidence slide
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 1.8 points month-on-month in August to reach 113 points... to last year, the EEI has risen by 5.4 points. Meanwhile, compared to August 2020, the ESI has increased... of the pandemic when it dropped to 87.6, but it has been improving since. The EU average ESI stood

    5%

  4. Economic sentiment drops off in Sept as consumer confidence falls for fourth month
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Following a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points... this year, recovering from 90.7 points in January. Since the start of the year, the ESI has increased... of the pandemic, when it dropped to 87.6. The EU average ESI stood at 116.6 points, unchanged from the previous

    5%

  5. Economic sentiment picks up again in Oct but consumer confidence drops for fifth month

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued growing in October, when it rose by 3.7 points month..., recovering from 90.7 points in January. Since the start of the year, the ESI has increased by 20.6..., dropping to 87.6. The EU average ESI stood at 117.6 points, rising by one point from the previous month

    5%

  6. Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued improving in November, rising by 1 point month-on-month... from 90.7 points in January. Since the start of the year, the ESI has increased by 21.6 points... the pandemic when it stood at 113.2 points. The EU average ESI stood at 116.5 points, dropping by 0.9

    5%

  7. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to the standard rate, reducing diesel refunds for heating and studying the potential impact of charging standard excise rate on alcoholic beverages that are currently exempt, including raki. Overall

    5%

  8. Final budget for Oct affirms new targets and tax outperformance
    Finance Ministry

    EconomyMacroeconomy

    Finance Ministry (MoF) budget execution data released on Friday. As is the standard practice, once... million euros. The main under-execution after the standard revision of targets this month is in non

    5%

  9. Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once... after the standard revision of targets this month is in non-allocated expenditure by 295 million euros

    5%

  10. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    of the biggest challenges for the Greek economy is to diversify away from tourism and low-value exports... most are domestic outcomes: jobs and income generated within the Greek economy. As Prime Minister... diversification for the economy. This could well change with the increasing investment in Greece by established

    5%