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Mitsotakis not taking majority for granted despite encouraging poll numbers
PoliticsGreek Politicswho voted for his party on May 21, just over 2.4 million Greeks, to do so again on June 25. He also... pct threshold for electing MPs on May 21. The New Democracy leader accused Niki of holding positions... be limited to only 149 seats. Such a scenario looks far-fetched based on the May 25 result and the opinion
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomyin the Stability Programme that was sent to Brussels in early May, the growth outlook is improved to 2.3 pct..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... outlook on Greece for this year in its latest forecast also published mid-May. It now expects the Greek
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Full agenda, topped by Turkey, for new Foreign Ministry team
PoliticsForeign Policy. If a new approach between the two is secured, then both sides may proceed with the next steps that may see a new round of exploratory talks, and also discussions that will focus on the so-called “positive agenda”. With his new majority secured, Mitsotakis may feel emboldened to begin new talks
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Newsletter 388 - 07/07/2023
that the deadline may be extended. The vote for a new leader is due in early September, following... up pace from May. S&P notes that the growth rate was affected by some reports of customer hesitancy.... Interest rates The interest rate spread for loans widened in May, reaching 5.76 pct for new loans
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Newsletter 390 - 21/07/2023
and the importance of fiscal prudence, it may be easier to blame tight budgets over the coming years on tax... accelerated in May, falling by 13.6 pct, after a drop of 7.6 pct in the previous month... since February 2021. That said, in May last year with a 54 pct YoY jump the index posted its highest
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Deposits jump to highest since 2011 in Jun as corporate savings record significant rise
EconomyMacroeconomyin June, from a positive flow of 794 million euros in May, based on the latest Bank of Greece (BoG... percent in May and 3.7 percent in April. The outstanding balance of private sector deposits in June... a 787 million euros rise in May.
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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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