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ND confident in migration stance as polls point to decisive victory on June 25
PoliticsGreek Politicsas the centre-right party believes it has strong public backing for its “tough but fair” stance on the issue... and strong backing within the electorate. Reports suggest that ND had asked for the migration issue... that Mitsotakis believes this is an area where his stance is much more powerful than Tsipras’s. However
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Mitsotakis makes final push for comfortable majority as small parties hold key
PoliticsGreek Politics, populist Plefsi Eleftherias and ultra-conservative Niki seem to have a strong chance of winning... Eleftherias as having a strong chance of getting into Parliament, with Niki slightly behind, ranging from 2.3... vote, Mitsotakis will likely have a substantially bigger majority than he won in 2019. Conversely
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomythan a year. Although this is the lowest print in three months it still signals strong improvement.... while water supply was up by 1.6 percent. Electricity supply recorded a strong rise of 8.2 percent
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomy. The conditions in the Greek manufacturing sector have been improving for more than a year. Although this is the lowest print in three months it still signals strong improvement in the sector, one... sentiment (ESI) remained broadly unchanged in April at 108.5 points, after a strong recovery in March
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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyin the Greek manufacturing sector have been improving for more than a year. The rate of growth... it was the slowest since January. The pace of increase of new export orders was also strong, driven primarily by key... and the strongest in the last three months. “Greek manufacturers continued to signal a strong
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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomyimproving for more than a year, however June’s reading is the weakest in 2024. New orders remained strong... was up by 3.5 percent. Electricity supply recorded a strong rise of 21.2 percent. The manufacturing
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Megafire surges into Athens suburbs, posing major challenge for PM
PoliticsGreek Politicsof the biggest. What shocked Greeks more than the magnitude of the blaze, which was fanned by strong winds... that the response to the Varnavas fire was quick, but that the strong winds made the blaze difficult to contain
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Inaugural 2025 bond breaks demand record, yield at 3.64 pct
Economy. The strong demand encouraged the PDMA to draw 4 billion euros with an issue of a 3.625 pct fixed... points and it quickly became evident that the issue was met with strong demand as within an hour... a diversified investor base, with more than 270 investor accounts participating, with close to 90 pct coming
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomydemand remained strong despite a contractionary fiscal stance, leading to increased imports. However...—above the long-term potential. Strong import demand will continue due to the high import content... of GDP, outperforming expectations of a 0.6 pct deficit. This was driven by lower-than-expected
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyGreece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year was also strong, with 126,660 more hires. This led to a year-on-year rise
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