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  1. Trade deficit widens in May as exports contract by 15.4 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11 percent year-on-year (YoY) in May, after a solid drop of 22.9 percent in April, according to data released by ELSTAT on Friday. The deficit came to 2.94 billion euros for May. Imports totalled 7 billion euros, dropping by 13.6 percent YoY. Exports

    6%

  2. New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield

    EconomyMacroeconomy

    , reducing maturities by close to 7 billion euros, while maintaining the state’s cash reserves above

    6%

  3. Government focusses on cost of living with economy bill, push for lower ferry prices
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    increase for civil servants will range between roughly 4 and 7 pct. PASOK also suggests

    6%

  4. Newsletter 389 - 14/07/2023

    Newsletters

    the GLF loans. When combined with the bond exchange, Greece will have cleared some 7 billion euros

    6%

  5. Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    petroleum products, basic metals, and wearing apparel. Revenue in the domestic market decreased by 7

    6%

  6. Newsletter 390 - 21/07/2023

    Newsletters

    . Revenue in the domestic market decreased by 7 pct, while the non-domestic market was down by 23.6 pct.

    6%

  7. Current account deficit narrows further in May, down by over 3 bln in first five months
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    to a deficit of 3.29 billion euros in the same month last year. Total imports came to 7 billion euros in May

    6%

  8. Government focuses on safe evacuation as pressure from fires mounts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of preferences, followed by Euclid Tsakalotos on 15, Nikos Pappas on 11 and Stefanos Tzoumakas on 4, while 7

    6%

  9. Wildfire threat to air base puts government in embarrassing position
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    some 7 kilometers from the air base itself, leading to a loud explosion. The blast prompted air chiefs

    6%

  10. Economic sentiment indicators inch up again in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    points of pre-pandemic. The Employment Expectations Indicator (EEI) dropped sharply by over 7 points

    6%