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Newsletter 326 - 28/01/2022
, the highest rate seen since January 2011, suggesting that the next CPI release by the Greek... for January, slightly softer than the 59 points of December. The growth rate eased to the lowest in the last
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Govt mulls Easter bonus as cost-of-living crisis causes public concern
PoliticsGreek Politics. The nationwide infection rate remains elevated, at 5.6 pct and daily patient admissions still slightly... delivery rate since the start of the vaccination programme. Around 34,500 doses are administered daily
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Newsletter 334 - 08/04/2022
also appeared to converge on a growth rate that will be affected by roughly one percentage point.... If the trade deficit continues to grow by the rate of close to 3 billion euros monthly, even
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicsinflation rate that is seen at 5 pct for this year. Earlier, the Bank of Greece had recommended... was negative, it had increased the minimum wage by 11 pct, while now that the rate is 9 pct, the pay rise
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomy, with investment spending maintaining the lead. The unemployment rate by the end of next year is seen dropping... is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1
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Newsletter 337 - 13/05/2022
at the highest growth rate since the mid-1990s. The effect of the energy crisis on prices is reflected across... to 3.1 pct.MacroeconomyCharts of the weekCPI In April, Greece recorded the highest inflation rate
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Newsletter 338 - 20/05/2022
, with the rate down to 12.2 percent, compared to 16.8 percent in the same month last year, leading to the lowest unemployment rate since June 2010. Unemployment grew strongly year-on-year by over half
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politics, the Finance Ministry is considering another fuel subsidy or reducing the VAT rate on bread to the ultra-low rate of 6 pct, which would cost 100 million euros. There is also continued talk of reducing
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PM broaches demographics issue, stresses role of migration
PoliticsGreek Politicsof existential threat because it has a low birth rate and an ageing population. The demographic issue... and lower economic activity among women in Greece means that the labour force participation rate is around 5
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PBO urges continued fiscal discipline amid growing instability
Economy, with employment rising by close to 11 pct and the rate dropping to 12.5 pct, from 17.2 pct in April... market traded. The PBO adds that this does not leave any room for complacency because the high-rate
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