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  1. Newsletter 388 - 07/07/2023

    Newsletters

    , in which it sees growth for this year and 2024 at 2.2 pct. The PBO presents three scenarios... one, 2.1 pct for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth

    3%

  2. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission in its winter forecasts sees the Greek economy growing by 2.4

    3%

  3. Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
    Photo via http://www.helpe.gr/

    EconomyMacroeconomy

    was a modest rise of 2.2 pct YoY. Month-on-month (MoM), the seasonally adjusted index in February..., industry confidence is now up by 2.2 points. In addition, Greece’s Manufacturing PMI continued its

    3%

  4. Sentiment unchanged in April thanks to services gains, consumer confidence also rises

    EconomyMacroeconomy

    , industry confidence is now up by 2.2 points. The services index had a solid rise of 7 points to 46.5.... territory at -2.2, after being positive over six months, from 8.3 in the previous month. The index

    3%

  5. Energy pushes producer prices down by 2.4 pct YoY in Aug
    Image: https://www.flickr.com/photos/worldbank/

    EconomyMacroeconomy

    percent, after increasing by 2.2 percent in the previous month. Over the rolling 12-month period... down by 2.2 percent. In the broader categories in the overall market, energy products were down

    3%

  6. Producer prices record first rise since Jul with 0.3 pct YoY increase in Jan
    Image: https://flic.kr/p/2nMqQrE

    EconomyMacroeconomy

    by food products that dropped by 10.2 percent, refined oil was down by 2.2 percent and basic metals rose by 2.2 percent. In the broader categories in the overall market, energy products rose by 1.8

    3%

  7. Mitsotakis tries to rally base as Tsipras sharpens attacks
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    % parliamentary threshold sit MeRA25 (2.5%), Voice of Reason (2.3%), Niki (2.2%), New Left (2.2%) and Movement

    3%

  8. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    that the total ENFIA amount due for 2016 will be kept stable, while parcels of land will be excluded from... findings on Greeks’ real estate wealth and tax payment. A total of 7.46 million taxpayers (including individuals and corporates) owned property value worth 698 billion euros. The total ENFIA due

    3%

  9. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , bringing the total figure to 68 million euros. The equivalent figure for the same time last year was 1.22 billion. A decline was also noted in social security funds (SSFs), where the total fell by 289... was observed, taking the total to 7.17 billion euros. This was followed by other revenue with a small

    3%

  10. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    MoM (+114 million) and YtD (+804 million) rise to a total of 2.57 billion at the end of August making... billion in August, corresponding to 20.7 percent of total. Tax refunds’ arrears are the third key contributor to total stock with its balances landing at 809 million at the end of August making up

    3%