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Economic sentiment declines in March, consumer confidence at lowest since 2022
EconomyMacroeconomyGreece’s economic sentiment (ESI) deteriorated in March, with the index at 106.8 points, from 107.6... the rolling 12-month period, March’s ESI was essentially identical to April 2025. The average ESI in the EU stood at 96.7 points in March, from 98.2 in the previous month. The euro area’s ESI was also down
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Economic sentiment slides further in April, consumer confidence lowest in four years
EconomyMacroeconomyGreece’s economic sentiment (ESI) deteriorated further in April, with the index at 105.7 points... the rolling 12-month period, April’s ESI was one point below May 2025. The average ESI in the EU stood at 93.5 points in April, from 96.4 in the previous month. The euro area’s ESI was also down
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Economic sentiment and consumer confidence recover some ground in May
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in May, with the index at 107.5 points, from 105.8... 12-month period, May’s ESI was roughly two points above June 2025. The average ESI in the EU stood at 93.7 points in May, from 93.4 in the previous month. The euro area’s ESI was also slightly up
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Services elevate economic sentiment in June as all other components fall
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued improving in June, with the index at 108.3 points, from... the rolling 12-month period, June’s ESI is virtually unchanged from July 2025. The average ESI in the EU stood at 95.1 points in June, from 93.8 in the previous month. The euro area’s ESI was also
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Economic sentiment moderates slightly in July, while consumer confidence rises
EconomyMacroeconomyGreece’s economic sentiment (ESI) slightly moderated in July, with the index at 107.6 points, from... the rolling 12-month period, July’s ESI is roughly 2 points below August 2025. The average ESI in the EU stood at 97.2 points in July, from 95.7 in the previous month. The euro area’s ESI was also up
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Economic sentiment moderates further in Aug, as consumer confidence rises
EconomyMacroeconomyGreece’s economic sentiment (ESI) moderated further in August, with the index at 106.9 points, from... the rolling 12-month period, August’s ESI is 1 point above September 2025. The average ESI in the EU stood at 98.2 points in August, from 97.2 in the previous month. The euro area’s ESI was also up
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Company closures dropped sharply during the pandemic
EconomyFeaturesand retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent
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Of symmetry and adjustments in the eurozone
Agorareasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth... model Europe would condemn itself to a secondary role. * Francesco Saraceno is Senior Economist
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The conundrum of Greek olive oil exports
EconomyFeaturesin Spain. But Greece’s olive oil export model is stuck in a rut. That’s because the vast majority... the mould of the current export model. The figures tell the story of how beneficial a change in strategy... model would increase efficiency, strengthen marketing and in turn help the branding of Greek olive oil
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyagainst an import model driven by private consumption, since this is not a productive model and is too similar to the consumption model which was partially responsible for sparking the Greek economic
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