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  1. Newsletter 409 - 26/01/2024

    Newsletters

    in 2023 that beat the initial budget estimate at the end of 2022 by 1 billion euros. The IMF does.... This is achieved with primary surpluses of circa 2 pct of GDP up to 2030, dropping to 1.4 pct of GDP

    12%

  2. Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.6 percent. Compared to November 2022, automotive fuel was down by 13.2 percent, non-food was up by 2... are reflected in volumes, with fuels down by 4.3 percent, a 1 percent drop in foods and non-food down by 1.2

    12%

  3. New political storm heads towards PM following report on Tempe recordings
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -friendly Proto Thema newspaper on March 1, 2023, just after the accident, and then replayed across... by insisting that the police passed on the original recordings to the judicial authorities on March 2

    12%

  4. Import price index up by 1.3 pct YoY in Mar for first rise in 13 months

    EconomyMacroeconomy

    and refined oil products at 2 percent. In terms of industries, energy rose by 4.2 percent YoY, which was the largest rise. Capital goods were up by 1 percent and durables at 0.7 percent. Non-durables were

    12%

  5. Newsletter 426 - 07/06/2024

    Newsletters

    , but he said he would submit the necessary paperwork by July 1. The details made public on Monday... the commercial banks. The consensus of most international organisations is for growth this year nearer the 2

    12%

  6. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    headline deficits of under 1 pct of GDP in the 2024-2029 period. This will keep the debt dynamics...+’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct

    12%

  7. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Taxes beat the target by close to 2 billion euros. The ministry notes that the overperformance... euros from the RRF and has allocated 1 billion euros, below target by 807 million euros.

    12%

  8. Data underlines Greece still has big wage gap to bridge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    under 25 years old at 511 euros gross. The latest minimum wage effective from April 1 is 830 euros... 2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2

    12%

  9. Import prices rise by 0.1 pct YoY in Jan, led by energy and non-durables
    Image: https://flic.kr/p/Tsun9u

    EconomyMacroeconomy

    in the previous month. The index’s 12-month rolling movement was negative by 1.5 percent, from 2..., intermediate goods rose by 1 percent, capital goods were down 0.6 percent and durables down by 0.6

    12%

  10. Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus of 4.8pct, well above the government's 1 pct target and reversing the 1.4 pct deficit from 2023... to exceed 2% in 2025 and 2026, well above the eurozone average of 0.4%. While Greece is insulated from

    12%