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Turkey looms large in 2022 foreign policy agenda, which includes Balkans, US and Russia
PoliticsForeign Policy, with the latest warning coming from Turkey’s Defence Minister, Hulusi Akar. Prime Minister Kyriakos... intervention in the latest teleconference of NATO Foreign Ministers, last Friday, on the issue of Ukraine
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CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data... have been accelerating since. The latest figure of 5.1 percent is the highest since January 2011
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek PoliticsThe government is trying to tread a fine line between fiscal prudence and cushioning the impact of the pandemic and inflation as it tweaks its economic policy in 2022. As was evident in the latest... handouts is also driven by the fact that it is in the middle of the latest review by the European
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Govt hails success of vaccine mandate amid continuing surge in 'hard' indices of pandemic
PoliticsGreek Politicsthat the restrictions on large events and nightlife will be lifted when the latest extension expires... to express restrained optimism in the outcome of the latest stage in the pandemic, based
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyof 5 pct seen in the latest official data for December. Last week, ELSTAT released the producer price... to circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies
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IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
EconomyMacroeconomywas up by 1 percent. According to the European Commission’s latest business surveys for January, industry... the latest data captured a solid improvement in operating conditions, the growth rate eased to the slowest
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyand 1.36 million Greeks were out of employment. ELSTAT released the latest monthly unemployment figure.... The latest available quarterly figure is up to Q3 2021, where the rate is seen at 13 pct, aligned
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Industrial turnover rises by another 22.9 pct in Dec, led by non-domestic market
EconomyMacroeconomy, posting growth of 18.2 pct in March 2021. December is the latest in a series of impressive readings... 59 in December. Although the latest data captured a solid improvement in operating conditions
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politicslevels. The latest hurdle comes in the wake of the pandemic causing Greece to accrue 32 billion euros... the last two years. In the latest post-bailout review, the institutions highlighted the need
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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsthe centre-right administration is contemplating. Ta Nea suggested on Monday that the latest package... Ministry will also publish the latest Medium-Term Fiscal Strategy (MTFS). According to Monday’s
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