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  1. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    in the first five months of 2023, with June’s print being the first negative reading since December 2022

    2%
  2. Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance
    Photo by MacroPolis

    PoliticsGreek Politics

    Androulakis as its leader in December 2021 as he was an MEP. However, Androulakis recently stepped down

    2%
  3. Moody's ups GGB rating by two notches, on par with S&P and Fitch
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    now shifts to S&P on October 20 and Fitch on December 1, both of which have Greece one notch below

    2%
  4. Tax revenues continue to outperform in Aug, as ministry explains frugal approach
    Finance Ministry

    EconomyMacroeconomy

    duties until the end of February 2023. It was estimated that this amount would be collected in December

    2%
  5. Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    The pace of credit expansion in the Greek private sector continued to slide in August, rising by 0.9 percent year-on-year (YoY), from 1.2 percent in July, Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009

    2%
  6. Newsletter 395 - 29/09/2023

    Newsletters

    of December last year. The net lending flow was negative by 401 million euros, following on from

    2%
  7. PM struggling to fulfil same-sex marriage pledge, prompting opposition pressure
    Photo by Ageliki Koronaiou/Fosphotos

    PoliticsGreek Politics

    intentions to table any legislation changing the status quo, which has existed since December 2015, when

    2%
  8. Industrial production stays in contraction for third successive month in Aug
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    reading since December 2022. This takes the growth rate during the first eight months of 2023

    2%
  9. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review

    2%
  10. Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    The credit expansion in the Greek private sector picked up pace in September, rising by 2.1 percent year-on-year (YoY), from 0.9 percent in August, Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009, however

    2%