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Newsletter 388 - 07/07/2023
the restart button, Mitsotakis looks to be doubling down on his efforts to dominate the political centre... trading partner, slowing down. Domestic demand growth is also seen normalising. Inflation
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Mitsotakis sets political tone for new term as well as unveiling policies
PoliticsGreek Politicsratio to 140 pct, bringing down unemployment to 8 pct, increasing exports to 60 pct of GDP, raising..., being established in Greece. The PM threw down the gauntlet to PASOK leader Nikos Androulakis
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Mitsotakis primes public opinion for potential compromise with Turkey
PoliticsGreek Politicsfurther down the line. Until now, Greek politicians and the media have largely promoted maximalist... that there will be a deal. Government matters During the interview, Mitsotakis played down apparent teething problems
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Economic sentiment indicators inch up again in July
EconomyMacroeconomyof August 2022. The EU average ESI stood at 93.6 points in July, down from the 94.1 points of the previous month. The euro area’s ESI was 94.5 points, also down from the 95.3 points of June. July’s
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Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct
EconomyMacroeconomymovement was up by 0.2 percent. Compared to May 2022, automotive fuel was down by 5.7 percent, non-food...-food down by 1.2 percent. According to the latest business indicators for July, consumer confidence
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Waiters and hospitality jobs lead way as hiring balance improves YoY in June
EconomyMacroeconomy, while voluntary exits were down by 1,690. Hires were up by 27,965 jobs compared to June last year... down by employment activity, the catering sector led with a balance of 39,956 jobs, followed
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Minister hangs on as failures leading to fatal hooligan raid further tarnish govt's image
PoliticsGreek Politicsdays after his predecessor Notis Mitarakis had to step down after being spotted on a family holiday... of the police and security services, but he has not offered to step down. The government seems
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Impact of energy moderates, current account deficit narrows to 7.86 bln in 6M
EconomyMacroeconomy, from 11.56 billion in 2022. The goods balance showed a deficit of 15.36 billion euros, down from 18.32... 13.05 billion euros in 2022. Imports totalled 40.73 billion euros, down from 43.87 billion euros
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Government dampens expectations for handouts in PM's speech
PoliticsGreek Politicsof this year’s Thessaloniki International Fair (TIF), but aides have started to dial down expectations... officials to play down expectations regarding the fiscal measures that Mitsotakis will unveil
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Latest census data shows demographic challenge is here as population shrinks, ages
Societypersons down by 3.5 pct, 4-member families down by 11.2 pct and a 14.8 pct reduction in families with more
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