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Newsletter 431 - 12/07/2024
lets in order to free up housing stock for long-term renters are also expected to get the thumbs-down... period are down by 5.9 pct The tight spot for Greek households is also captured by the latest UBS report
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Kasselakis ousts controversial MP, intensifying speculation about plans for SYRIZA
PoliticsGreek Politicsto oust Polakis has not gone down well with a section of SYRIZA’s support who felt that the Cretan.... For Polakis’s admirers, the decision to expel him is a sign that Kasselakis wants to water down SYRIZA’s
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomymarket dropped 2.4 percent annually, led by electricity and gas supply down by 10.4 percent... in the overall market, energy products were down by 3 percent YoY, intermediate goods decreased by 0.4
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Greece courts danger
AgoraThis could go down as the week that Greek justice took over from Liz Truss as the world’s briefest joke. It would be funny if it wasn’t so worrying. On Tuesday, Greece’s Supreme Court announced... slipping so far down the World Press Freedom Index that it became the lowest-ranked EU country
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Manufacturing leads industrial turnover rise of 4.7 pct YoY in Jun
EconomyMacroeconomy(ELSTAT) on Tuesday. On a rolling 12-month basis, the industrial turnover was down by 0.8 percent..., industry confidence is now down by 5.7 points. Overall, Greece’s economic sentiment (ESI) fell sharply
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Economic sentiment slides further in Aug, consumer confidence drops sharply
EconomyMacroeconomyin the previous month. Since September last year, industry confidence is now down by 1.7 points. The services... points, from 19.3 in July, now down almost 5 points from September last year. Construction confidence
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Producer prices record first rise for 16 months, inching up by 0.1 pct in Jul
EconomyMacroeconomyin the domestic market dropped 0.5 percent annually, led by electricity and gas supply down by 3.1 percent.... In the broader categories in the overall market, energy products were down by 1.2 percent YoY, intermediate
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Newsletter 432 - 06/09/2024
. The author also finds that Greek hourly wages since 2009 are down by over 20 pct, when in eurozone... wages low, in the absence of the lever of a currency devaluation. The by-product of going down
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomyhourly wages since 2009 are down by over 20 pct, when in eurozone peers with negative growth in the same... of a currency devaluation. The by-product of going down this route is that although the economy
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PASOK sets terms for leadership debate as voters show mild interest in vote
PoliticsGreek Politicsare well behind New Democracy, which garnered 24 pct in the survey, although this is well down... Democracy Meanwhile, the government is playing down rumours about unrest among its MPs over housing issues
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