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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was broadly
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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsbetween 2 and 24 instalments to settle what they owe. These elements of the bill mean that many... Giannousakis, the owner of the Noor 1 cargo ship which was seized with almost 2 tons of heroin on board... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammeRevenues. 2) Develop a cost plan for the promotion and facilitation of electronic payments. 3... reform 2) Establishment of three mobile enforcement teams on anti-smuggling 3) Reconvene the inter... implementation of gas market reform. 2) Prioritising distribution tariffs. 3) Modification of electricity
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On monetary policy and inflation targeting
Agorasay 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2] Country A has... policy, aiming in both cases at a Y/Y headline rate of inflation of 2 percent. The bold line presents... 10 percent, before showing some easing toward the 2 percent objective. The central Bank in Country B
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicsto eke out the extra votes that would push the party over the 3 percent threshold for entering... that the Interior Ministry is asking for an extra 60 million euros from the Finance Ministry to carry out... to discuss election issues. Interior Minister Alexis Haritsis has reportedly stepped up his meetings
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Mitsotakis sworn in as prime minister as attention turns to Cabinet picks
PoliticsGreek PoliticsDawn party failed to cross the 3% threshold necessary to elect MPs, falling just short with 2.93... Dendias are tipped to return to former posts at the Labour and Interior Ministries respectively... the Interior Ministry. Chrisochoidis appointed the ministry under former Prime Minister George
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Mitsotakis starts second term, prepares to name cabinet and launch reforms amid far-right rise
PoliticsGreek PoliticsParliament is set to be sworn in on July 3, followed by a three-day debate on the government’s policy... with responsibility of overseeing the government’s role in Parliament. Former Interior Minister Makis Voridis... to Education, which Niki Kerameus will leave to take over as the new interior minister. Former Citizens
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Greece aiming to agree updated migration deal with Turkey
PoliticsForeign Policyas additional funding. The agreement has so far financed 6 billion euros, but the EU could add an additional 3... Johansson and German Interior Minister Nancy Faeser, the Greek minister said there is more cooperation... following the EU Interior minister’s council that “in my view this statement (EU-Turkey deal) should
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