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  1. Parties turn focus on economy as PASOK struggles with election fallout

    PoliticsGreek Politics

    for consumers down. To this end, the minister announced 30 new appointments to the market inspectorate... inflation, is to crack down on anti-competitive practices by retailers and suppliers, touting... intent to shut down small businesses. The imitative is supported by the association representing

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  2. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are down by 3,852 year-on-year, while voluntary exits were down by 1,989. Hirings were up by 25,228 jobs... with 41,279 jobs, followed by the 30-44 bracket with 39,388 jobs. Broken down by employment activity

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  3. Kasselakis attempts to ease SYRIZA tension amid meagre poll numbers
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    in the European Parliament elections, but also the decision to shut down the daily edition of SYRIZA... of the publication’s employees before the meeting, promising to sit down with them to discuss their grievances... is almost 4 points down on the January survey, while SYRIZA’s is almost 1.5 points up. Kasselakis could

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  4. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period... year, industry confidence is now down by 5.7 points. The services index also dropped sharply... on the rolling 12-month. Retail trade improved marginally to 19.1 points, from 18.2 in June, now down 7 points

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  5. Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
    Image via www.eurobank.gr

    EconomyBanking

    quality The stock of non-performing exposures (NPEs) in H1 came to 1.3 billion euros, down by 900 million euros YoY. Eurobank’s NPE ratio stood at 3.1 percent in H1, down by 2.1 percentage points YoY... in H1, down from 33.3 percent in 2023. The H1 2024 cost of risk - or provisions over average net

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  6. Inflation up to 2.7 pct in July as housing costs keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    . Month-on-month, the HICP was down by 0.5 percent. In July, the annual CPI movement comprised... and maintenance of the dwelling, natural gas, and heating oil. Communications were down by 0.3 percent, while... to 8.4 percent YoY, and reductions observed in the prices of fruits that were down by 9.2 percent

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  7. Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise

    EconomyMacroeconomy

    , paper products decreasing by 1.8 percent and mineral products down by 1.7 percent. The monthly movements were led by extraction of oil and gas at a 5.5 percent decrease, tobacco was down 2.3 percent and basic metals down by 0.5 percent. In terms of industries, energy dropped by 4.2 percent YoY, capital

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  8. Concerns about insipid public consultation process highlighted by treatment of climate plan

    EconomyFeatures

    . The findings suggest that a culture of top-down policy making persists beneath a thin veneer..., but it is also worrying from a practical standpoint. Imposing major policy shifts in a top-down fashion without consultation stores up problems further down the line, making implementation much harder

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  9. Aug hiring balance improves annually, 8M up by 18,350 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    . Layoffs dropped by 5,726 year-on-year, while voluntary exits were down by 6,220. Hirings were down... was negative by 11,553. The highest positive balance was in 45-64 years with 8,489 more jobs. Broken down

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  10. Newsletter 435 - 04/10/2024

    Newsletters

    government policies. New Democracy sources have tried to play down the significance of such moves... once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... pct. Compared to July 2023, automotive fuel was down by 6.8 pct, non-food sales increased by 1 pct

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