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Industrial turnover records five months of contraction after 6.2 pct drop in Aug
EconomyMacroeconomymonths, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year, industry confidence has risen by 4 points. Overall, economic sentiment (ESI) recorded a drop of almost 3
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politicswith high infection rates which may fall foul of a tighter regime, three markets - the UK, USA and Russia
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Kasselakis returns as SYRIZA squabble turns into full-blown infighting
PoliticsGreek PoliticsSYRIZA president Stefanos Kasselakis is due back in Greece on Wednesday after a personal trip to the USA and can expect to find a party at war with itself and utterly divided over his leadership, with a permanent split now looking like it is just a matter of time. Kasselakis has referred four
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytaxes due, underperforming the full year target set at 50 percent. On tax audits and collections... percent, which significantly falls short of the full year target of 65 percent. Collected taxes from temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying
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Newsletter 144 -15/12/2017
. Full-time hirings came to 42 percent of the total. In November, part-time and flexible types of work... for shift work. On an aggregate basis, full-time employment remained broadly stable at 45.3 percent. The percentage of full-time employment for the same time last year was slightly higher at 45.5 percent
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A Eurogroup deal that might be hard to stomach
Agorathat Tsipras has to implement a highly recessionary programme full of direct and indirect taxation... itself from a laggard in productivity to a eurozone leader. This meant it kept long-term growth
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomy-to-long-term, BoG outlines limiting inflation impact on disposable incomes, full implementation of RRF... in the Corruption Perception index and the shadow economy remains large. Greece is also a laggard
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Newsletter 405 - 08/12/2023
Minister Kyriakos Mitsotakis provided a robust defence of the bill and threw his full support behind... of the total gap. Another laggard in job creation is wholesale and retail, which have nearly 142,000 fewer
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Government seeks fiscal leeway over energy investments, launches farming subsidy app
PoliticsGreek Politics. PASOK demanded full, uninterrupted functionality of the platform, adequate time for checks... the Agriculture Minister for mid‑June - all missed. PASOK says Greece has become “a laggard in Europe
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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomytheir target by 473 million euros. The full revenue breakdown will be provided upon the release of the final... reached and surpassed the target for the full year, which is 3.32 billion. Overall, net revenues... of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
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