Search
-
PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
9% -
Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023
9% -
Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
9% -
Newsletter 407 - 12/01/2024
to pass will allow foreign universities to set up local branches, rather than allowing private... at Tuesday’s cabinet meeting, where Prime Minister Kyriakos Mitsotakis said that more than 400 million... zoning restrictions by introducing more lax regulations than those currently imposed by the country’s
9% -
Key factors in cost-of-living crisis not kept in check
Agorais up to 213 pct more expensive than in the EU. For the second time in so many months, Prime Minister... is cheaper than France, Italy, Spain and the UK in nominal terms, but the picture changes once..., but wages in Portugal are 23 pct higher than Greece. The basket in Spain is 0.37 pct more expensive
8% -
Newsletter 427 - 14/06/2024
points lower than PM Kyriakos Mitsotakis’s stated target of 33. The conservative ruling party secured just 7 seats in the European Parliament, one fewer than in the last elections in 2019. ND lost... as leader. Although lower than the party’s 2019 performance this target would represent a gain over
8% -
Samaras sets out New Democracy's plans for growth
EconomyGDP rise of more than 30 percent on the 2014 figure of 178.9 billion that would bring nominal GDP... lower than the peak of 242.1 billion in 2008. However, for this target to be achieved, nominal GDP..., tourism and agriculture are projected to contribute more than half (55 percent or almost 30
8% -
Newsletter 118 - 12/05/2017
increased at a faster pace of 36.2 percent in March, more than double the growth rate of 17.7... rise of 21 bps to 5.38 percent was recorded for loan amounts of less than 250,000 euros..., Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said
8% -
PM lines up talks with farmers, faces questions over housing crisis
PoliticsGreek Politicsof not maximising the use of RRF funds to renovate properties and make them available to the market
8% -
Finance Ministry seeks solutions to address growing housing problem
Economyprogrammes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every
8%