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The "King of the North" seeking to heal a fractured kingdom
Agoraanthems sum up the political argument of the Labour Party politician who wants to make the jump from... into national achievement remains to be seen. He has many doubters, but by giving up his mayoral post... personal connection to Makerfield, having grown up just a short distance from the constituency. He now
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomy, climbing back above 100-points, after a 6.6-point drop in October, according to European... the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery in Greece’s consumer confidence following the sharp pandemic drop stalled in May 2021 and the series has
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CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
EconomyMacroeconomyincreased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY..., the HICP was up by 1.9 pct. In September, the annual CPI movement was led by a 9.4 pct increase... reversed the recent price drops, rising by 3 pct. These were partially offset by a sizable drop of 15
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomyand shipping receipts, and a drop in domestic demand and imports. The report highlights that a viable growth model requires the Greek economy to become export-oriented. In contrast to Greece, the PBO notes... in the payments of arrears to the private sector and the creation of new arrears could end up with a stock
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomylower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared... in employment and improvement in the economic climate. If those figures end up in line with the macro.... Meanwhile, the productive model should focus on attracting investment and shift towards internationally
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyand 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need... given the structure of the Greek education system which, up until now, has proven to be stubbornly
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) edged up 0.1 percent in September, after an upward... percent. In contrast, electricity production, that makes up almost 21 percent of the IPI, fell by 2.8... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production
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General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
EconomyMacroeconomywith a drop of 133 million euros. This was followed by tax refunds (-131 million), local governments... up the majority of the arrears for the month. Debt Central government gross debt rose by 4.74... billion euros in repos which came to 32.07 billion in November and made up 8.6 percent of the total
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Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
EconomyMacroeconomyFor the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling... deficit was up by 31.1 percent, at 26.08 billion euros. For the full year, imports from EU countries were up by 17.7 percent to 39.8 billion euros, while imports from non-EU markets were up by 68.3
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Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8... Expectations Indicator (EEI) jumped by over 3 points month-on-month to 122 points. The EEI is up by 7.7.... up 24.8 points from April last year. The construction confidence indicator posted a solid recovery
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