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  1. Newsletter 305 - 16/07/2021

    Newsletters

    published in June, the committee advised mandating vaccination only as a last resort, following... million euros, according to the preliminary budget execution bulletin for June. Expenditure excluding... billion euros, above target by 93 million euros. The monthly primary balance for June came

    3%
  2. CPI up by 1.4 pct in July as higher fuel prices and cost of electricity filter through

    EconomyMacroeconomy

    , accelerating from the 1 percent rise in June, according to the latest data from the Hellenic Statistical.... Month-on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, with a marginal increase... (HICP) increased by 0.7 percent in July, from a rise of 0.6 percent YoY in June. Compared to June

    3%
  3. Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    June last year, when the indicator stood at 108.7 points. The index hit its most recent low in May... in the rolling 12-month period. Industry confidence rose by 2.1 points to 5.9. Since June last year.... The sector sentiment is down by 0.3 points since June 2021. Finally, the construction confidence

    3%
  4. Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2.7 points in June to 51.1 points, according to S&P Global data released on Friday. June’s PMI captured only a marginal improvement in the operating conditions.... Inflationary pressures were softer in June, although input costs continue to mount, attributed to supplier

    3%
  5. Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
    Photo by MacroPolis

    EconomyMacroeconomy

    balance up to June showed a deficit of 6.55 billion euros, from a 12.22-billion-euro deficit in June 2021... and second instalment of ENFIA in the months of May and June, initially estimated to be collected... target. Expenditure Up to June, overall expenditure stood at 32.81 billion euros, coming short

    3%
  6. Seasonality drives retail sales up by 12.1 pct in Jun, but cost-of-living crisis evident in volume data
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace again in June, rising by 12.1 percent year... in June, after a decrease of 3.7 percent in the previous month. The volume’s monthly movement was up... in June increased by an equally subdued 1.2 percent YoY, after a decrease of 4.2 percent in May

    3%
  7. Newsletter 382 - 26/05/2023

    Newsletters

    , SYRIZA, finds itself in a potential fight for survival before the second vote is held on June 25... changes before June 25, but it is clear that they will need to adjust their message and approach..., after June 25 he will have suffered three general election defeats and one loss in the 2019

    3%
  8. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 104.2 points of June 2022. The EU average ESI stood at 95.2 points in May, down from the 97.1... of June last year. The Employment Expectations Indicator (EEI) dropped by 3 points month-on-month... of negative readings. Since June last year, industry confidence is down by only 0.9 points. The services

    3%
  9. Mitsotakis not taking majority for granted despite encouraging poll numbers
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    on June 25 by arguing that any other result is likely to lead to third elections, even though opinion.... “If we’re going to have a government on June 26, the only option is a majority (for ND),” he said... who voted for his party on May 21, just over 2.4 million Greeks, to do so again on June 25. He also

    3%
  10. Tension rises in electoral battle, but opinion polls suggest result in little doubt
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The growing tension ahead of the June 25 elections, which New Democracy is vying to win comfortably... over the 3 pct threshold to elect MPs on June 25 after falling just short of the mark last month... continue to suggest that New Democracy is on course to win a clear majority on June 25, even though

    3%