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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomycontraction. Tourism on the other hand is expected to remain strong thanks to high-income countries..., in line with commitments and the debt sustainability assumptions. Debt will drop to close 162 pct
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Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
EconomyMacroeconomyGreece’s industrial turnover stayed strong in November, rising by 18.2 percent year-on-year (YoY), after a slightly downwards revised 25.1 percent in October, according to data released..., staying above 100-points, after a 6.6-point drop in October.
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Banks discover stress test assumptions, results due in July
EconomyBankingand higher interest rates having strong adverse effects on private consumption and investments. Under those... property will fall 2.1 pct in 2023, and a sharper drop of 7 pct, resuming growth of 2.9 pct in 2025
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Newsletter 369 - 10/02/2023
is strong on their hot button issues, such as defence, which was the subject of debate between... as despite a year-on-year drop of 10.6 pct in December, the annual deficit of 2022 was 38.37 billion euros
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Complexities of post-election cooperation laid bare
PoliticsGreek Politicsidea. Relations between the two parties have been poor since SYRIZA’s strong attacks on PASOK over..., which is that despite seeing its support in the opinion polls drop by around 3 percentage points
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Import prices turn negative in Feb for first time in two years
EconomyMacroeconomy, in February of 2022 the index had already started posting strong rises, being up by 27.2 percent. Month-on-month, the index posted a drop of 3.4 percent, after falling by 0.8 percent in the previous
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Manufacturing continues to grow in April, sector sentiment highest since Jan 2022
EconomyMacroeconomyis attributed to a sharp rise in orders thanks to strong demand from existing customers and a drop
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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomypct in 2023. The combination of nominal GDP growth and the projected fiscal path leads to a strong.... The harmonised index of inflation is expected to drop significantly to 4.5 pct, from 9.3 pct in 2022
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
EconomyMacroeconomysince. That said, in March 2022 the index had already started posting strong rises, being up by 34.6 percent. Month-on-month, the index posted a drop of 2.7 percent, after falling by 3.4 percent
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Manufacturing grows in May, but at slowest pace in last four months
EconomyMacroeconomymarginal overall. S&P notes that the increase in total new sales was also boosted by a strong upturn... availability of inputs, which led to a drop in cost burdens. The fall in input prices
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