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  1. Newsletter 432 - 06/09/2024

    Newsletters

    by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop.... The ministry said that Greece had the largest drop in unemployment, the cumulative growth

    2%

  2. Deposits resume growth in Aug, rising to 195.36 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system resumed growth in August with a rise of 1.4 billion euros, after a 607-million-euro drop in July, according to the latest Bank of Greece... billion euros, after an 868-million euros drop in July.

    2%

  3. New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    accelerating from 2.1 pct this year to 3.6 pct in 2025. The unemployment rate will drop to 9.7 pct in 2025... of this year. The longer-term horizon estimates debt-to-GDP to drop to just short of 115 pct of GDP

    2%

  4. PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year

    EconomyMacroeconomy

    . Manufacturers responded with lower production volumes, leading to the first output drop in 20 months... production costs to customers. There was also a renewed drop in employment, and although job losses

    2%

  5. Building activity returns to growth with 15.2 pct YoY rise in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity returned to growth in July, with a rise of 15.2 percent year-on-year (YoY), after a sharp drop of 1.7 percent in June, according to the data released by the Hellenic Statistical... in Eastern Macedonia and Thrace with 36.1 percent. The largest drop was in Central Greece with 24.4 percent

    2%

  6. Central govt debt at 404.29 bln thanks to drops in short-term notes and repos

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of roughly 3 billion euros to 404.29 billion euros in Q3 2024, the Finance Ministry's (MoF) debt bulletin showed on Tuesday. The Q3 debt movements... in Q3, with a modest drop of less than half a billion from the previous quarter. Most of the FSM loans

    2%

  7. Government attempts to fight back amid opposition disharmony on Tempe tactics
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is expected to progress to a fourth round next week, where the threshold will drop to 151. While next week’s... in Tempe has rendered his candidacy more controversial. To drop below this threshold, a handful

    2%

  8. Newsletter 451 - 14/02/2025

    Newsletters

    to a drop in GDP of only 0.05 pct. However, when second-round effects are included, the overall impact... in manufacturing, partially offset by a drop of 4.3 pct in mining. The manufacturing index was led

    2%

  9. Deposits continue to slide in Feb with 6.5 bln loss at start of 2025
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    billion euros and household deposits of 149.15 billion euros. Despite the continued drop at the start..., after a 4.32-billion euros drop in January.

    2%

  10. Retail sales start 2025 with 2.5 pct YoY rise, led by food
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales started the new year with growth of 2.5 percent year-on-year (YoY) in January, after a sharp drop of 5 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The corresponding volume index also had a rise of 1.9 percent YoY, from a 5.3 percent drop

    2%