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PMI improves significantly in Aug, despite exports orders falling for four straight months
EconomyMacroeconomysince March, with growth rates stronger than the series average. In August, Greek manufacturing saw... backlogs. Input costs rose again on higher raw material prices, though the pace of inflation slowed
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Predatorgate and OPEKEPE offer opposition ammunition amid deteriorating public sentiment
PoliticsGreek Politicsblackmail material which would be used to prevent him from becoming leader of PASOK in the party’s... as PASOK also saw a decline in voting intentions to 9.3 pct, from 10.5 pct. SYRIZA has also seen its
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Opinion polls suggest dispute with farmers has weakened ND's support
PoliticsGreek Politicsinquiry saw two of Mitsotakis’s closest aids denying any knowledge of the people and practices... rejected the allegation made by government lawmakers that he had obtained material from the prosecutor
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Predator ruling reopens scandal that government hoped had been buried
PoliticsGreek Politicsthe government downplayed in 2022–23 and saw shelved in 2024 has returned with force, and this time..., resolved and put to rest. Instead, the opposition now has fresh material, a renewed sense of momentum
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PMI improves in May as manufacturers struggle with effects of Iran war
EconomyMacroeconomy2022. Material shortages also constrained purchasing activity. While purchasing increased..., it was broadly in line with the long-term trend. "The Greek manufacturing sector saw renewed momentum in May
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Mitsotakis tries to balance party discipline, right‑flank pressures with minor reshuffle
PoliticsGreek Politicsof rapprochement. Recycling, Not Renewal The opposition saw only exhaustion in the changes announced on Monday... access to the material and renewed criticism of Mitsotakis for placing EYP under his direct
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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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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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