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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek Politicsand publish the stabilised prices on a weekly basis. The goods must be displayed in a visible way... binds the country’s largest supermarket groups to stabilise prices on a basket of essential goods
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Iran war creates turbulence for Greek tourism outlook
EconomyFeaturesbefore demand stabilised. The decline in interest in the Eastern Mediterranean has created a windfall... breakthrough could reopen the Strait of Hormuz and stabilise oil prices. For Greece, this would mean a short
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Economic sentiment at 88.5 in May, consumer confidence begins to stabilise
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 10.8 points month-on-month in May to reach 88.5 points, European Commission (EC) figures showed on Thursday. In May, the Employment Expectations Indicator (EEI) for Greece came to 94.6 points compared to 102.4 p...
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Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
EconomyMacroeconomyGreece’s import price index barely moved in January, as it rose by just 0.4 percent year-on-year (YoY), after a rise of 11 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index peaked in Apr...
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsand the Predator spyware scandal, have returned to haunt the government as court proceedings cast doubt... in the converted university conference venue which had been set up to house the proceedings... of proceedings was “not good”. In an interview with Skai radio, Floridis said the seating
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The wit and will of men
Agorasome clarity about what interventions will be made in the coming years so the country’s debt is put... of them could be put at risk by further procrastination over the debt issue. Wrong turn If events take... to be put on hold. Athens saw these two developments as vital to its ultimate goal of lowering
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Promises and challenges of Greece's "green new deal"
EconomyFeaturespledging to put the country among the global leaders in the transition to a zero-carbon economy... and Climate (abbreviated in Greek as ESEK), which amends the plan put forward by the previous government... levels (compared to 32 percent in the original plan), which would put Greece above the central EU
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PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain
EconomyMacroeconomyoutstanding business levels also deteriorated. In particular, production stabilised in April ending a three... levels again deteriorated at a substantial pace”. “However, production stabilised and job creation
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The main economic challenges that will define the Mitsotakis reign
Agorasystem has stabilised, with close to 15 billion euros of deposits having returned to the system... inherits a country that has stabilised after almost a decade of political, social and economic
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In hindsight it would have been nicer
Agorasimply reflects tactics being adjusted as the firewall and others measures were put in place... require additional financing that no one in the eurozone was willing to put up. In the meantime... in bailing in creditors who subsequently might themselves have to be bailed out." Simply put
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