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  1. Minister's resignation deflates government after series of missteps
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    to his administration’s competence and popularity may lie within Mitsotakis’s own government... that is heavily tilted in ND’s favour may create a breeding ground for laxness and hubris that could undo

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  2. PMI records 6 months of improved manufacturing conditions, but outlook less upbeat
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    the strongest since May 2022. The expansion was driven by stronger upturns in output, new orders... decrease in input costs, to the second steepest decline since May 2020, attributed to reduced raw

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  3. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate landed at 11.1 percent in June, from an upwards revised 11.3 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday... is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased

    2%

  4. Industrial production drops for first time in 2023, down 3.6 pct in June
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) contracted in June, falling by 3.6 percent year-on-year (YoY), after rising by an upwards revised 1.9 percent in May, according to Hellenic Statistical... the strongest since May 2022. The expansion was driven by stronger upturns in output, new orders

    2%

  5. Despite drop in input costs, rising agriculture output prices cause inflation concerns

    EconomyMacroeconomy

    . Month-on-month, agriculture products increased by 3.4 percent, from 5.1 percent in May, marking five... a 1.5 percent decrease in May, marking four successive monthly drops in 2023. That said, for the entire

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  6. Growing challenges await PM following summer break

    PoliticsGreek Politics

    a very shaky tenure as Athens mayor and his opponents feel that this may provide the extra push he... for Bakoyannis. PASOK is hoping that its candidate, Haris Doukas, may put up more of a challenge and attract

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  7. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed... to May 2023, automotive fuel was down by 19.5 percent, non-food was up by 2.6 percent and food sales

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  8. Storm impact and ferry death engulf political agenda
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    at the government’s door, it may rekindle a debate about workplace safety and the way... International Fair on Saturday but may provide SYRIZA’s leadership vote, which is due to take place

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  9. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    Programme that was sent to Brussels in early May, the growth outlook is improved to 2.3 pct, from the 1.8... in its latest forecast also published mid-May. It now expects the Greek economy to grow by 2.4 pct

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  10. Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue

    PoliticsForeign Policy

    , according to Greek diplomatic sources, who already see the beginning of a period that may lead... of Justice in The Hague may guarantee a definitive and binding solution for both parties

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