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Newsletter 454 - 07/03/2025
years, allowing it to weather any market turbulence. Fiscally, the budget has started 2025 on a strong... to summon witnesses to testify and review evidence before reaching a recommendation whether to refer the accused to a special court. The committee’s recommendation will need to be approved
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policyand expressed strong support for Turkey’s inclusion in SAFE. Johannes Wadephul described Turkey.... A Commission spokesperson explained that any endorsement would require a formal recommendation... a recommendation, the European Council must mandate technical negotiations. As a candidate EU member state, Turkey
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Macroeconomic fundamentals for Greece
Agorareferred to as the “Natural Rate of Unemployment.” When the cycle is weak (strong) and unemployment high... growth rebound after the Corona pandemic. As Table 2 demonstrates, because of unusual shocks...), this would yield a structural nominal GDP growth rate of around 2.5 percent a year. The unusual cycle
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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ND mulls next stage of lockdown easing as support remains strong despite some grumbles
PoliticsGreek Politicsseen in some public squares, where young Greeks have defied social distancing recommendations
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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