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Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
EconomyMacroeconomyin September, moving up to 105.1 points after a marginal drop of 0.1 points to 101.7 in August.... monthly movement was up by 1.6 percent. Compared to July 2021, automotive fuel was up 29.5 percent, non-food was up by 2.9 percent and food sales were up by 14.6 percent. Aside from fuels, solid growth
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Newsletter 358 - 11/11/2022
and further evidence to back up the claims that those on the list, including Foreign Minister Nikos... licensed the Predator software in Greece and the ex-head of EYP, Panagiotis Kontoleon set up a network... in the markets in the period up to 2060 when it will have to repay the loans from the eurozone with market
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Newsletter 399 - 27/10/2023
government started implementing the third adjustment programme that it ended up signing, GGBs had five... to beat its fiscal targets in most years in office, as the economy was beginning to pick up pace... in the markets, Greece is fully funded for up to three years. Both SYRIZA and New Democracy took steps to help
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Newsletter 417 - 22/03/2024
to send mass emails to overseas voters in the run-up to the European Parliament elections... in their speeches. Voridis denied accusations that the government had orchestrated a cover-up, suggesting that the opposition lacked concrete evidence to back up its claims.EconomyEconomic challenges
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Newsletter 491 - 23/01/2026
’s prospective party could theoretically attract up to 31% support, far outstripping the potential... of Reason, while smaller parties remain below 3%. Notably, “Other party” surges to 11.1%, up from 7... on key European exports, including cars and car parts (currently 35%), machinery (14–20%), chemicals (up
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Newsletter 502 - 24/04/2026
the government’s sense of stability. Crucially, the drop has not translated into gains for any major... to regain control of the narrative. It also uses up all available fiscal space under the EU’s new budget... time for the Greek tourism sector, which was gearing up to open its doors to customers from next month
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Newsletter 508 - 12/06/2026
. Investment growth was solid in Q1, up by 12.1% annually, although total gross capital formation..., up by only 0.3% QoQ. It is evident that the cost of living is affecting the resilience of Greek... - which pushed that segment up by 11.5% YoY in May - several other components are recording
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Newfound variety helps Greek winemakers enjoy exports boost
Societyof internal devaluation, which has seen wages drop substantially. As a result, unit labour costs... of this year are expected to be at around 2005 levels. The intention of this policy is that this drop... 28,438 tons in 2008 to a peak of 39,591 tons in 2011. The value of wine exports shot up from 55.6
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Why tax evasion threatens to become endemic due to how Cyprus was bailed out
Agorathe optimal time to pick up their child. As the plan backfired, the owners decided to drop the fine, only... a financial penalty on parents who were late in picking up their child; when they imposed it they saw... drop in declared incomes of the self-employed. As a medical professional stated to this researcher
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomythe sharp drop in 2013, the interest rate in Greek new time deposits remains persistently above... the most volatile performance, with interest rates moving significantly up or down each month... average rates stands at around 2 percentage points for amounts up to 250,000 euros and at circa 3
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