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Car sales end 2022 with modest full-year growth of 3.3 pct, from 22.1 pct in 2021
EconomyMacroeconomyin 2021, a drop of 0.3 percent. Passenger cars increased by 1.5 percent, with the absolute figure standing at 10,239. The remainder was made up of lorries (1,584) and buses (153), both down by 8.8... road motor cars were sold. The 3.3 percent rise was led by passenger cars at 177,844, up by 6.8
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ND's opinion poll decline thrusts PASOK back into spotlight
PoliticsGreek PoliticsAnother opinion poll indicating a substantial drop in support for New Democracy was published... the gap between the two leading parties is at just 2.5 points. In this survey, PASOK has edged up... in a second vote to win an outright majority as the election winner will be awarded a bonus of up to 50
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Newsletter 375 - 24/03/2023
following the second ballot and is not able to make up the numbers simply by persuading a few MPs... a significant drop in support for New Democracy. Although SYRIZA has not directly recorded any gains... since Q1 2018. Prices in Athens in Q4 2022 were up by 15.2 pct year-on-year. Balance of payments
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Building activity starts 2023 with solid growth of 22 pct for permits
EconomyMacroeconomyrespectively, while Western Macedonia had a 35.3 percent drop, though with just 11 permits issued. Annual... issued in Western Macedonia with 11. During the full year 2022, permits are up by just 5 percent YoY..., from 18.5 points in the previous month. Now the index is up by almost 30 points on a rolling 12-month
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
EconomyBanking. Net profit was 236.5 million euros vs. 269.8 million euros in 2022, a drop of 12.3 percent. Core pre... Adequacy came to 18.4 percent, up 190 basis year-on-year. The fully loaded Basel III CET1 ratio was 15.5 percent, also up by 190 basis points annually. In its results presentation, the bank reiterated its
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Mitsotakis enters last week of campaign with confidence, high ratings
PoliticsGreek Politicsis displaying growing confidence that he will win a clear majority on June 25 – a belief that is backed up... list. Kasidiaris had set up his own far-right party, Ellines, but was barred from taking part... party would probably have to drop below 39 pct before there is any doubt about whether it will elect
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicsis a drop in the bucket compared to the total package that will be required. By some initial.... Banks estimate that up to 1.5 billion euros of loans will be frozen as part of the first package... will be Christos Stylianidis, who served as Civil Protection and Climate Crisis Minister up until the May
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Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance
PoliticsGreek Politicsthan 40,000 people signed up to become new SYRIZA members on the day of the vote. Although... will depend on whether he receives the backing of any of the other three candidates who will drop out... in the second ballot. Although new members could sign up on the day for the first vote, no new memberships
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
EconomyMacroeconomygrowing since March 2021. Crop output prices were up by 31.5 percent in July, while animal output prices were up by 13 percent. In crop prices, the largest rise was in olive oil, which jumped by 92.1... costs have been de-escalating, dropping by 3 percent YoY in July, after a drop of 3.1 percent
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicsthe timing was suspicious. He suggested that the real aim was to cover up the involvement of the prime... Greek Solution” in order to cover up the surveillance scandal and compromise media freedom. Left... that Greek Solution’s support for the government was a quid-pro-quo so tax authorities would drop
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