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  1. GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY

    EconomyMacroeconomy

    anticipate that GDP will increase 4.1 percent this year, followed by growth of 6 percent in 2022

    8%

  2. Industrial production up by 22.5 percent in April after last year's lockdown
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 22.5 percent year-on-year (YoY) in April following a revised increase of 5.7 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. Month-on-month (MoM), the index rose by 2.8 percent after an increase of 6 percent

    8%

  3. Credit growth in May slows to 2.2 pct; monthly flow -17 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to outflows of 6 million a month previously. This led the overall balance for the month

    8%

  4. EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The European Commission continues to marginally revise upwards its forecasts for Greece’s growth: In the latest summer forecasts released on Wednesday it sees the economy growing by 4.3 pct in 2021, from the 4.1 pct expected in May. The growth estimate for 2022 remains unchanged at 6 pct

    8%

  5. Newsletter 304 - 09/07/2021

    Newsletters

    at 6 pct. The Commission notes that as restrictive measures began to be relaxed in May, several

    8%

  6. Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the Greek loans puts debt servicing costs at 6 pct interest-to-revenue against 9.5 pct in the BB median

    8%

  7. Warnings of post-holiday Covid surge, continuing wildfires store up risk for ND
    Photo via https://flic.kr/p/8N77QL

    PoliticsGreek Politics

    and Mykonos showing 9.6 pct and 6 pct respectively. Hospitals in Crete are approaching their capacity

    8%

  8. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    by growth of 6 percent in 2022. The IMF sees a rise of 3.3 percent in GDP for 2021, followed

    8%

  9. Govt grabs opportunity offered by escape clause to entice voters with support package
    Photo via www.primeminister.gr

    Economy

    , that 3.6 pct forecast is now being revised to just shy of 6 pct. This has created the fiscal space

    8%

  10. Short-term fix for electricity bills leaves open questions for green transition strategy

    Society

    bills in Greece, of which VAT is 6 pct, putting it significantly below the European average

    8%