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Newsletter 432 - 06/09/2024
and New Left 2.1 pct. Around 15 pct of respondents declared themselves undecided while 5.5 pct picked.... Imports of goods rose by 7.8 pct and services were up by 2.2 pct. PMI Greek manufacturing has been... segment with just 5.5 pct.
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomywas up by 2.2 percent. As we noted, last month’s data had a strong seasonal component since orthodox... percent and food sales rose by 5.5 percent. Supermarket sales rose by 5.4 percent and food and beverages were up by 5.5 percent. Clothing and footwear also recorded a drop of 2.8 percent
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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyas the ongoing sanctions and the embargo of the European Union against Russia has damaged the country’s trade and economic relations with Moscow. Greece’s economy has suffered from the embargo on food... diplomatic sources. Despite the EU embargo against Russia, however, Athens’ relations with Moscow
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyin July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... a temporary increase of 5.5 percent in June. The 7-month figure fell 5.8 percent to 23.65 billion... attributed to the exceptionally strong revenues of 2.2 billion posted in the corresponding month last year
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomypercent) and supermarkets (+2.2 percent) following suit. On a monthly basis, retail turnover... launched, retail volume had risen by 2.2 percent, while turnover had eased 0.6 percent. The MoM...-digit declines in food, beverages and tobacco (-5.5 percent) and furniture, electrical and household
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammethat revenue mobilisation could fetch up to 5.5 billion in 2015 stemming from: 1) fighting illegal trading... billion in 2014 and 2.2 billion in 2015. He argued that this is a sign Greece is not in a position.... For 2015 in particular, Varoufakis said that the estimated privatisation revenues of 2.2 billion
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Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros (according to the IMF) to a more moderate 5.5 billion (favoured by the European Commission... billion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros
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