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Newsletter 269 -16/10/2020
to extend its territorial waters from 6 to 12 nautical miles or lose all credibility in Progress... currently extend 6 nautical miles, adding that the option of extending to 12 miles will be exercised... 1 pct. Unemployment is seen rising just short of 20 pct, from 17.3 pct in 2019, and partially
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No let-up in tension with Turkey as MPs prepare to approve maritime boundary deals
PoliticsGreek Politicsterritorial waters in the Ionian from 6 to 12 nautical miles. The move had been trailed by Foreign Minister... is that Turkey is the problem in the Aegean, where Greece’s territorial waters remain at 6 miles... this, inferior, deal. The opposition party is trying to find a way of criticising ND’s handling
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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyThe number of building permits issued in Greece rose by a modest 1.2 percent in May, after a nosedive of 36.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The increase in May surface and volume was more pronounced at 10.2 ...
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Newsletter 6 - 5/12/2014
Greece mulls extension Three scenarios emerge regarding duration and form of bailout prolongation Following an exchange of emails without any sign of an imminent agreement with the troika on the key pending issues of the drawn-out review, some kind of e...
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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index posted an increase by 2.7 percent in the third quarter (Q3) of 2015 after a drop of 2.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The Q3 rate represents the highest readi...
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Episode 6 - Greece's rugged media landscape
AgoraIn this episode of The Agora podcast, we're taking a closer look at the Greek media landscape. We'll be asking why the public has little trust in the country's media and examining what difficulties a local independent outlet faces as it tries to upset t...
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Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time fell by 24.7 percent in June, softening compared to a sharper drop of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In June 2019, the year-on-year chan...
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Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
EconomyMacroeconomyThe budget primary balance up to August 2022 came to a small surplus of 10 million euros, compared to a deficit of 6.38 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Fri...
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million euros, compared to a deficit of 6.38 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data ...
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PMI records 6 months of improved manufacturing conditions, but outlook less upbeat
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion territory in July, rebounding to 53.5 points, from 51.8 points in June, according to S&P Global data released on Tuesday. This was the sixth straight month that the conditions in the Greek manufacturing s...
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