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Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY
EconomyMacroeconomy-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic... recording much more modest growth rates in recent months. In May last year, with growth of 54 percent... in the Greek manufacturing sector have improved, with July’s growth the strongest since May 2022
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PM under pressure to account for destruction, as wildfires stoke anti-migrant sentiment
PoliticsGreek Politicsand initiatives to improve public services. It now looks likely that the positive message may need to be toned... credence to the theory that arson may have been behind the Evros fire, saying that the spread... hand, it may alienate some of his more moderate voters, while on the other hand it could strengthen
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Newsletter 399 - 27/10/2023
to oust dissenters. Whatever the case may be, it seems SYRIZA has crossed the point where the internal... centrist party and may therefore remain open to persuasion. For PASOK it will be a blow to the narrative... to their highest since May 2011 with a rise of 2.23 billion euros in September, a 3.4 pct year-on-year increase
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Newsletter 403 - 24/11/2023
about the possibility, PASOK leader Nikos Androulakis implied that there may be avenues... the series of difficulties they have faced since their re-election in the summer. Events may have... submerged in the floods may have to be relocated, according to the PM, while there would be a focus
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In 2024, Greece and Turkey look to build on diplomatic progress made in previous months
PoliticsForeign Policy. The re-election of Recep Tayyip Erdogan as Turkish President last May was welcomed in Athens. In fact... In this context, Greece and Turkey may also need to reflect on whether their new bilateral approach... Secretary General to appoint a special Cyprus envoy may create little hope that talks will resume
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Greece secures F-35 jets as US tries to appear even-handed following F-16 deal for Turkey
PoliticsForeign Policyrequest to US President Joe Biden in May 2022. Concluding his message, the Greek premier said... to 40 of F-35s. According to media reports, due to budgetary restrictions the procurement may only... to take place in April or May. In Davos earlier this month, Mitsotakis noted that following last
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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... of the Greek premier to Ankara on May 13 is not affected in any way by this development. For many weeks now... to Türkiye in May.” Pressure for Patriot & S-300 systems The Greek Premier is also expected to discuss
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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
EconomyMacroeconomy12-month period, the ESI in April is up 1.2 points from May last year. The average ESI in the EU stood... on positive ground at 1.9 points, down from 4.8 points in the previous month. Since May last year..., now down by circa 12 points from May last year. Construction confidence returned to negative
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Opposition takes aim at cost of living
PoliticsGreek Politicsprofiteering. The bill, which was submitted to Parliament on May 1 to coincide with May Day holiday... of the government’s growth narrative by the opposition parties on the occasion of May Day. Speaking
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Fuel and food trigger retail sales jump of 10.9 pct in Mar
EconomyMacroeconomyindicators for May, consumer confidence dropped in May to -43.8 points, from -41.7 points..., Greece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points
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