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Newsletter 460 - 02/05/2025
prices: VAT rates were applied on goods whose prices even at headline level were hiked by close
3% -
Fiscal data impressive but details suggest caution still required
EconomyMacroeconomy-of-living crisis, especially with respect to food prices: VAT rates were applied on goods whose prices
3% -
Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomystructure—average maturity of 19 years, concessional interest rates, and a low implicit interest rate
3% -
Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomya slight easing in vacancy rates, the labour market remains tight, especially in tourism and high-skill
3% -
OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomy, particularly reduced VAT rates that benefit higher-income households, could create fiscal space for targeted
3% -
Parliamentary chicanery raises doubt about PM’s grip on party as he looks ahead to relief package
PoliticsGreek Politicschanges to income tax brackets and rates, lower taxation on rents, tax relief for families with children
3% -
PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politics. Naftemporiki reports that the plan envisions lower income-tax rates for those earning between 10,000
3% -
Government lines up crackdown on NGOs as next piece in harsher migration policy
PoliticsGreek Politicsinterest rates through 2032, and shoulders blame for only 8.1 billion in fiscal adjustments versus 44
3% -
PMI improves significantly in Aug, despite exports orders falling for four straight months
EconomyMacroeconomyGreece’s manufacturing PMI improved significantly in August to 54.5 points, from 51.7 points in the previous month, S&P Global data showed on Monday. This is the strongest improvement in the sector since March, with growth rates stronger than the series average. In August, Greek manufacturing saw
3% -
Electricity drags industrial production down by 0.5 pct YoY in July
EconomyMacroeconomymonth, S&P Global data. This is the strongest improvement in the sector since March, with growth rates
3%