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Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
EconomyMacroeconomy. The overall balance is better than the target by 3 billion euros. Revenues Net revenues
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Economic sentiment stable in Nov, consumer confidence slides further
EconomyMacroeconomyincreased by 3 points to 39.9. Services confidence is now 15 points up on the rolling 12-month
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Falling energy costs drive down producer prices by 13.5 pct in Oct
EconomyMacroeconomy12-month period, the index decreased by 3 percent. The products sold in the domestic market dropped
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What is driving the Greek housing market's recovery?
EconomyFeaturescompleted entirely in cash, while almost 3 billion euros’ worth of purchases were settled partly in cash
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyfrom 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects
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Unpopular tax bill set to become law despite objections
PoliticsGreek Politicscontributes just 3 percent of total tax revenues, which compares unfavourably with all OECD countries
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsin a general election scenario. This is short of the 3 pct threshold for electing MPs, but it is early days
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Unemployment drops marginally to 10.8 pct in Q3
EconomyMacroeconomyrate was in Western Macedonia at 17.3 percent. The lowest rate was in the Southern Aegean at 3 percent
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Newsletter 406 - 15/12/2023
for the government. The yield on the 10-year benchmark is edging towards 3 pct, standing at 3.25
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Benefits of investment grade starting to become visible
EconomyGreece started seeing the first signs of the rewards from securing an investment grade from all the leading, and ECB accepted, rating agencies bar Moody’s, though domestic continue to cause concern for the government. The yield on the 10-year benchmark is edging towards 3 pct, standing at 3.25 pct
8%