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Newsletter 410 - 02/02/2024
pct and food sales were up by 6.5 pct. Retail sales were led by a 9 pct YoY rise in food
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingbetween the banks but also an offer by UniCredit to acquire the 9 pct stake that HFSF had in the systemic
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Mitsotakis limps into party conference looking to rally ND for EP elections
PoliticsGreek Politicshas shrunk by almost 9 percentage points – from 24.8 to 15.9 points. Reports have suggested
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Ankara's reaction to marine parks proposal highlights obstacles to Greek-Turkish dialogue
PoliticsForeign PolicyAnkara has revived its claims over the so-called 'grey zones' in the Aegean following Greece's intention to establish two marine parks, one in the Aegean Sea, which will include several islets. The Turkish Foreign Ministry issued a statement on April 9 underlining that “we recommend Greece
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ND presents MEP candidates, hoping for campaign boost amid flagging ratings
PoliticsGreek PoliticsSomewhat in the shadow of developments in the Middle East, the governing New Democracy party is due to unveil this Monday its list of candidates for the European Parliament elections. The presentation of the candidates marks the next step in the ratcheting up of campaigning for the June 9 vote
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PM aims to mend ties with church and stem loss of right-wing voters
PoliticsGreek Politicsof the June 9 ballot. Friday’s joint appearance involving Archbishop Ieronymos and PM Mitsotakis
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Athens wary of implications from Erdogan's cancelled trip to Washington
PoliticsForeign PolicyThe postponement of Turkish President Recep Tayyip Erdogan’s visit to the White House on May 9 is seen as a move that will likely upend efforts to mend ties after prolonged friction and that will play into the hands of Russia’s President Vladimir Putin. Ankara has not given any clear reason
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyare seen growing by just over 9 pct, from over 15 pct in the budget, exports are expected to grow
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyin 2025, seen supporting real investment growth of about 9 pct by 2025 if undertaken effectively
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
EconomyMacroeconomya downward revised 9 pct forecast of the Greek authorities, as submitted in the Stability Programme
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