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Economic sentiment improves in July, consumer confidence continues to slide
EconomyMacroeconomyThere was a solid rebound in Greece’s economic sentiment (ESI) in July to 109.1 points, from 106.1 in the previous month, according to European Commission figures released on Wednesday. Over the rolling 12-month period, July’s ESI is up by 3 points from August 2024. The average ESI in the EU stood
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingeuros, from 3 million euros in the previous year. Total operating expenses stood at 436 million euros
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Newsletter 473 - 01/08/2025
and over 3 points respectively. Retail Seasonality pushed retail sales down sharply in May with a drop
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OPEKEPE scandal dogs PM as speculation about next elections intensifies
PoliticsGreek PoliticsParliament from 3 to 5 pct. In the past, the PM has shown reluctance to tinker with the election
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Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomyin manufacturing, and a 16.2 percent increase in mining, partially offset by a 3 percent drop in water
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Mitsotakis prepares for autumn gamble after testing summer
PoliticsGreek Politicsby the European Commission, commits the country to keeping deficits below 3 pct of GDP, ensuring debt remains
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politics3 to 5 percent, a move that would shrink the field of represented parties and, by default, ease
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Sale of defence manufacturer stokes opposition criticism amid bid to bolster regional ties
PoliticsGreek Politicsoffered around 3 million euros, an amount similar to what it paid to acquire the initial 47.6 pct
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Consumer and retail confidence deteriorate further in Aug due to cost of living
EconomyMacroeconomySeptember 2024, industry confidence is up by over 3 points. The services index was marginally lower
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
EconomyMacroeconomyin the previous month. In August 2024, the CPI was up by 3 percent YoY. The highest annual increase
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