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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicsof roughly 50 pct from the previous month. The support scheme will bring the price for consumers down... in July, pushing the total cost of the subsidy up by 411 million euros compared to the previous month
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Where is Odysseus? Part 5 - Productivity
AgoraAs in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous... (this assumes that an improvement will still come). We may now label the previous aspirational
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Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
EconomyMacroeconomystood at 97.6 points in July, dropping 4.2 points from the previous month. The euro area’s ESI was 99... again April’s previous low and is back to where it was in the summer of 2017. The Employment
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomypercent seen in the previous forecast in February. The Commission doubled its inflation forecasts... pct and 2.9 pct in the previous forecast.
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Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020
EconomyMacroeconomyin the previous month. In July, there was a 38.4 percent rise from the non-eurozone market, and a more... in the previous month.
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Newsletter 352 - 23/09/2022
1.1 pct compared to the previous sounding to reach 32.5 pct, while SYRIZA lost 0.4 pct to end at 24.7..., from 43 pct in the previous month. Energy continues to be a key driver, with manufacturing rising by 39
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Newsletter 354 - 07/10/2022
on Tuesday, Mitsotakis reiterated previous comments about ND needing to secure a high percentage... the previous month. This is the third consecutive month of deteriorating market conditions for manufacturing
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Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomy, from 7.9 percent in the previous month. Month-on-month, the CPI increased by 2.9 percent, after two drops of 0.3 and 1.8 percent in the previous months. This is the largest monthly rise this year
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Industrial production back in negative territory for Sep as electricity supply drops sharply
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped into negative territory in September, falling by 1.1 percent year-on-year (YoY), after growing by 4.4 percent in the previous month, according... adjusted index also recorded a decrease of 3 percent, after a drop of 1.1 percent in the previous month
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyis expected to grow by 6 pct in 2022 in real terms, up from the 4 pct expected in the previous... appears to be more entrenched compared to previous estimates, when in the summer the Commission
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