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Retail sales conclude 2025 with jump of 6.9 pct YoY in Dec
EconomyMacroeconomywas also up by 1.1 percent. Compared to December 2024, automotive fuel was down by 2.5 percent, non
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Energy key factor in 3.7 pct YoY drop for producer prices in Jan
EconomyMacroeconomy, durables up by 0.8 percent and non-durable consumer goods up 1.1 percent YoY.
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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
EconomyMacroeconomyemployed amounted to 4.31 million in Q4, decreasing by 1.1 percent compared to the previous quarter
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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
EconomyMacroeconomy, and 1.1 percent in manufacturing, partially offset by a drop of 16.2 percent in mining, and a 3.4
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politics. The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment.... The second set consists of: 1) adoption of the necessary legislation to merge all... to tell his eurozone counterparts on Thursday that the first set of prior actions will be completed
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomythat the first-half target of legacy debt collections of 1 billion set by the Ministry of Finance (MoF... year, the target has been set at 25 percent, with the year to date rate at just over half the target... a weak performance in July, yet they remain well below the annual targets. Those targets were set
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ECB stress tests and what they will mean for Greek banks
Economyprovisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent was set for this pillar... was set at CET1 of 8 percent for the baseline and 5.5 percent for the adverse scenario. The aggregate... on banks’ static balance sheet at the end of 2013. However, the ECB is due to release another set of data
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek PoliticsFund in March. Beyond that, Tsipras stuck to his pre-election line, as set out in the Thessaloniki.... Tsipras also set out plans to tackle corruption and tax evasion but did not provide great detail..., starting with Wednesday’s extraordinary Eurogroup. Negotiations Many of the measures set out
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Sowing the seeds of anomie in Greece
Agoraonly 67 lawmakers opted not to tap into the 3.2 million euros set aside for this purpose. However... was adamant he had been set-up by unspecified enemies. However, given that the majority of judges found him... decision makers and its institutions are willing to take responsibility for this, creating a shared set
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek PoliticsParliament is set to discuss in the next few days (possibly on Monday) a proposal by SYRIZA and Independent Greeks MPs to set up an inquiry into the circumstances in which Greece signed up to both... forces. It is a perhaps not such an uncanny coincidence that the parliamentary inquiry is set
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