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Newsletter 445 - 13/12/2024
services are underfunded. The health system is a typical example of a state function..., increasing by 2.1 pct in November, due rents, services and utilities. Alarming price hikes are seen
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Current account deficit at 8 bln after 10M as goods deficit widens
EconomyMacroeconomyto an improvement in the balance of services and the primary and secondary income accounts, which was partly... services balance was 2.32 billion euros, from 2 billion in October 2023. During the ten months of 2024
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BoG sees sustained growth and progress, but challenges require policy drive
EconomyMacroeconomyby domestic demand, rising household incomes, and increased investment. Exports of services performed... in food and industrial goods inflation. However, high services inflation persisted, keeping Greek
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PM sets out modest promises for 2025 as internet safety campaign fails to impress opposition
PoliticsGreek Politicsto public services like schools, hospitals and public transport. Earlier, State Minister Akis... in key areas including purchasing power, housing and public services. In a sign of how challenging
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Economic sentiment unchanged in Dec, consumer confidence improves by 3 pts
EconomyMacroeconomyconfidence has risen by circa 2 points. The services index improved to 30.1 points, from 22.8 points in the previous month. Services confidence is now down by 10.6 points on the rolling 12-month. Retail
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Newsletter 446 - 10/01/2025
cuts, improving public services such as health, education and social support, and tackling the housing... and retail trade sentiment moderated, while construction and services had strong rebounds.
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Current account deficit widens to 3.15 bln in Nov, at 11.52 bln in 11M
EconomyMacroeconomyto an improvement of the services balance and the primary income account, which was almost fully offset..., from 426.9 million euros in November 2023. The total services balance was 677.4 million euros, from
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Sentiment and consumer confidence start 2025 with improvements
EconomyMacroeconomyby circa 10 points. The services index marginally declined to 33.1 points, from 34 points in the previous month. Services confidence is now down by 4 points on the rolling 12-month. Retail trade fell
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IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
EconomyMacroeconomybut remain persistent in services due to wage growth. As RRF funding expires, GDP growth may slow... care services. Reducing labour taxes and reforming unemployment benefits will improve work incentives
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Newsletter 451 - 14/02/2025
in services, with 11.71 billion euros out of a total of 21.27 bn up to November last year coming from... exports of manufactured goods and services. The Bank of Greece estimates that an across-the-board tariff
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