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Newsletter 340 - 03/06/2022
stands at 31.7 pct in June, compared to 31 pct in May. ND’s lead over SYRIZA stands at 9.7 points... released the latest HICP data, which saw the Greek number climb to 10.7 pct in May, from 9.1 pct... in April by 7.9 points, economic sentiment posted a mild recovery in May, rising by 2.9 points to 108
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Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
EconomyMacroeconomyby one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI... Commission’s business indicators for May, industry confidence rose by 2.1 points to 5.9. Since June last... by 2.9 points in May, rising to 108, after dropping sharply by 7.9 points in April.
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Athens braces for Erdogan bargaining at NATO summit
PoliticsForeign Policyis not blocking Finland and Sweden’s inclusion in NATO but it may raise its bilateral issues... any such a discussion, since this would only benefit Turkey’s cause. Erdogan may seek gains.... He may also raise the migrant issue as well as his claim that Greece supports terrorist
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Newsletter 345 - 08/07/2022
survey on May 18. However, support for SYRIZA has also risen by 1 point during that period... are above the target by 2.84 billion euros up to May. Even when the 829 million euros collected... targets. For instance, the government may look to extend the Fuel Pass, a subsidy for vehicle fuel
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CPI shoots up by 12.1 pct in Jun as electricity and natural gas stoke biggest rise since early 90s
EconomyMacroeconomypercent year-on-year (YoY), after increasing by 11.3 percent in May, according to the data released... period increased by 6.2 percent. Month-on-month, the CPI rose by 1.6 percent, after 0.7 pct in May. The prices index was in deflation for the 12 months prior to May 2021, when CPI posted a marginal
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Newsletter 346 - 15/07/2022
pct this year, up from the previous estimate of 3.5 pct in the spring forecasts at the end of May. Back in May, the Commission had significantly revised down the Greek outlook from 4.9 pct... in vehicle registrations slowed down in June to 2 pct year-on-year, from 21.3 pct in May. Car sales were
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Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June
EconomyMacroeconomyeuros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG... growth in June was up by 6.9 percent, from 6.3 percent in May and 5.8 percent in April... in May, and 178.24 billion euros in April, reflecting corporate deposits of 45.77 billion euros
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Balance of payments shows shipping on course for bumper year, but economic benefits unclear
EconomyFeaturesShipping provided the one bright spot in Greece’s trade balance in May, with transportation... pct. In the five months between January and May, transportation receipts totalled 9.2 billion euros.... Addressing the Greek shipping community in May, Prime Minister Kyriakos Mitsotakis made clear
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Where is Odysseus? Part 6 - Potential real GDP
Agora. In blog 19, we showed that Greece may expect somewhat higher employment levels, in persons, than... potential growth estimate and that in 2018 may seem small to many readers, but this difference keeps..., an aspirational assumption; it is not an economic certainty, and may not even be welfare optimal
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Election date seen hanging in balance as PM weighs pros and cons
PoliticsGreek Politicsvote, using the enhanced proportional representation system, to be held in May, before senior high... by one month, from May 1 to April 1, the implementation of the next increase to the minimum wage has... as a reference for collective contracts. Although a substantial increase to the minimum wage may be just
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