Search
-
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomythan the previous estimate at 2.8 pct growth, from 5.6 pct. This is also significantly below... of years, it is seen growing to more than 15 pct of GDP by 2025. In 2024, total domestic demand is seen... as the high debt level exposes Greece to market risks. Sustained strong economic growth will be required
4% -
PASOK, SYRIZA leaders show little appetite for touted alliance of progresives
PoliticsGreek Politicsfollowing the strong showing of right-wing parties earlier this month. Greek Solution, Niki, Voice.... Given that the latter two gained higher shares of the vote than the two right-wing parties... in recent years, hurt New Democracy as much, if not more, than losing votes to the right.
4% -
Mitsotakis defends political choices in turbulent meeting with dissatisfied MPs
PoliticsGreek PoliticsND voters, but denied that he had abandoned the party’s patriotic roots, pointing to his strong... gaining just 28.3 percent of the vote rather than the target of 33 percent. While some speakers... seems more intent than ever to confront the vestiges of Tsipars’s leadership in the party. Although
4% -
Manufacturing continues to improve, but June PMI weakest of year
EconomyMacroeconomysector have been improving for more than a year, however June’s reading is the weakest in 2024. New orders remained strong, reflecting favourable demand conditions, though the rate of increase softened... manufacturers to raise selling prices, though at a slower rate than previous months as firms
4% -
Revision of GDP to have varied knock-on effect
EconomyMacroeconomyis on a strong recovery path since the 9.2 pct drop suffered in 2020 due to the COVID-19 outbreak... than 10 billion euros, hence making even more prominent the role of the RRF, with Greece having absorbed more than half of the 32 billion euros envelope, although concerns are raised that with time
4% -
Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economyupgrade reflects improved resilience in Greece’s credit profile, with faster-than-expected progress... maintained a strong policy stance, generating substantial primary budget surpluses. Moreover... be considered for further upgrades in the event of stronger-than-expected medium-term growth
4% -
S&P moves Greece further into investment grade with 'BBB' rating, stable outlook
Economy-than-planned execution of investments, improved tax compliance efforts were once again a major... to the RRF, increasing disposable incomes, and strong tourism demand, Greece's real GDP grew by 2.3 pct... funding rather than private initiatives. Furthermore, a significant portion of private investment
4% -
Voters’ belief in progressive parties tested as PASOK and SYRIZA search for answers
PoliticsGreek Politicslead such an initiative rather than one of the existing leaders. There has been much speculation... of the spectrum, although the sentiment is not overwhelmingly strong: 42.4 pct of voters who identify... that they cannot entertain another leadership discussion less than a year after the last contest
4% -
New Democracy rejigs key party posts as Spartiates expulsion leaves gap in Parliament
PoliticsGreek Politicsfor optimism, suggesting that the party is capable of recouping a strong lead by the end of its second... Parliament was left with 297 MPs rather than the full complement of 300 after the Electoral Court ruled... statements. By law, Parliament can function as long as it has more than 200 sitting members, however
4% -
Newsletter 466 - 13/06/2025
stage—says more at this stage about the current struggles of Greece’s progressive parties than any... polled expressed a preference for a new figure to lead a progressive coalition, rather than any... prices, while machinery and equipment that includes military spending were up by a strong 6.3
4%