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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
EconomyThe OECD is the latest international organization to affirm the view that Greece is experiencing a strong economic recovery this year and will see continued expansion into 2022, assisted by the RRF... and productivity”. The forecasts are broadly in line with the Finance Ministry’s latest estimates included
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Nov CPI shoots up by 4.8 pct amid big rises in energy prices
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose sharply in November, climbing by 4.8 percent year-on-year (YoY), from 3.4 percent in October, according to the latest data from the Hellenic Statistical... and across the economy. The latest figure of 4.8 percent is the highest since January 2011, when it stood
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Newsletter 320 - 10/12/2021
Q3 performance puts GDP on track to beat expectations this yearThe release of the latest GDP figures... period of 2019, short by just 1.2 pct. Notable developments in the latest GDP components include
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Newsletter 321 - 17/12/2021
if the party’s gains are temporary. The latest sounding by KAPA Research showed ND dropping almost 3... of GGBs, with the latest monthly purchases at 2.75 billion euros in October and November. Greece can
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsIn its latest about-turn on public health policy, the Greek government has announced a new raft of measures with immediate effect, aimed at slowing the spread of the Omicron variant in the country... Minister Thanos Plevris said that the latest evidence on the Omicron variant necessitated what he
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New Omicron measures met with exasperation by business and scepticism from opposition
PoliticsGreek Politicsorganisations will have to return to 50 pct remote working arrangements. Plevris warned that the latest... the government of making panicked responses and issuing cryptic guidance. The latest announcements, which few
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Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicsfor the sectors most affected that the latest round of restrictions. The Covid reserves stand at 1... and energy consumption. The latest energy support measures are expected to cost in the region of 1.5-2
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Newsletter 322 - 07/01/2022
Democracy and its rivals were at loggerheads over the past few days over the start of the latest... out of control and opening schools based on the latest protocols will simply turn them into super
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CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data... have been accelerating since. The latest figure of 5.1 percent is the highest since January 2011
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicsanother week. Those familiar with discussions within government note, however, that the latest... are arguing for cuts on consumption taxes and an immediate increase to the minimum wage. Polls The latest
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