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  1. Revision of GDP to have varied knock-on effect
    Photo by MacroPolis

    EconomyMacroeconomy

    The Hellenic Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP, along with some benchmark revisions of the base year to 2020 and the years prior, starting at 1995. ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct

    13%

  2. PASOK sees post-leadership election boost as Androulakis unveils shadow cabinet
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    significant lead. PASOK has, however, picked up over 2 percentage points to rise to 15.3 pct from

    13%

  3. Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    countries reached 2.47 million. Receipts from EU countries were 2.6 billion euros, of which 2 billion

    13%

  4. Building activity returns to growth with 15.2 pct YoY rise in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    to 5.2 points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling

    13%

  5. VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    of the transfers to SSFs by over 2 billion and non-allocated expenditure that is 1.37 billion euros below

    13%

  6. Boosted by corporations, Sep deposits reach highest since Apr 2011
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    down by 155 million to 37.19 billion. Corporate deposits increased by almost 2 billion euros to 50.53

    13%

  7. IMF forecasts add to concerns about sluggish growth ahead
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    and marginally slow down to 2 pct in 2025. The alarming sign came from the IMF estimate for 2029, which sees

    13%

  8. Economic sentiment drops in Oct, spurred by retail and construction
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) deteriorated in October, falling to 107 points, from 110.2 in the previous month, according to European Commission figures released on Wednesday. Over the rolling 12-month period, the ESI in October is roughly 2 points above November last year. The average ESI

    13%

  9. Unemployment drops further in Sep, dipping to 9.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year and stands at 3.07 million. The unemployment rate among women fell by 2 percentage points (pps

    13%

  10. Newsletter 440 - 08/11/2024

    Newsletters

    above the 2 pct eurozone HICP. Aside from foods, which appear to be rising more moderately from

    13%