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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Economythan double from the 2.1 pct of 2021, to 4.4 pct next year. Public finances will enter a recovery path, with the general government deficit contained to 4 pct next year and down to 1.1 pct of GDP
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomy, and the headline deficit to 4.4 pct. Greece is seen returning to a primary surplus next year to 1.1 pct of GDP
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomy. On an annual basis, Q4 GDP picked up pace to 5.2 percent year-on-year (YoY), from an upwards revised 4.4... to 1.1 pct in 2023. The OECD sees HICP at 9.5 pct this year and 3.7 pct in 2023.
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Sep CPI almost unchanged at 2.9 pct, food inflation rises above headline number again
EconomyMacroeconomyand footwear increased by 4.4 percent and health increased by 3.7 percent. Education was up by 3.5 percent... in household equipment and transport by 0.6 and 1.1 percent respectively. Food inflation remains persistent
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Energy drives producer prices down by 4.5 pct YoY in Sep, as all other categories rise
EconomyMacroeconomy12-month period, the index decreased by 4.4 percent. The products sold in the domestic market dropped 1.4..., energy products were down by 9.6 percent YoY, intermediate goods increased by 1.1 percent, capital
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomy. The corresponding volume index also rose marginally by 0.3 percent YoY, from a 4.4 percent increase in October..., with fuels down by 7.2 percent, a 1.1 percent rise in foods and non-food up by 4.2 percent
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Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsgiven the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary
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Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof separate investigations by the Interior Ministry, a Greek prosecutor and the country’s Data...-Michelle Asimakopoulou from the upcoming EP elections and the resignation of a senior Interior... that the email list was leaked from the Interior Ministry during the tenure of the caretaker
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammeThe government tabled in Parliament on Friday evening the bill containing the pension and income tax reforms it had put to public consultation a few days earlier. The draft legislation also introduces a change to gaming taxation. The bill is expected to...
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Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomyGreek banks’ Eurosystem funding remained on a downward trend for the fourteenth successive month in August, when it dropped by 4.39 billion euros, after a similar fall of 4.3 billion in July, Bank of Greece's (BoG) monthly financial statement displayed ...
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