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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyby private consumption recovering by 2.9 pct, while public spending will drop by 2.8 pct... are also seen rising by 8.9 pct. In the MTFS forecasts, private consumption was seen up by 2.9 pct..., or 9.7 pct of GDP. The primary deficit is seen at 13 billion euros, or 7.4 pct of GDP, up from
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Industrial production marks full year of recovery with 16.5 pct rise in Oct
EconomyMacroeconomyby a 4 percent drop in mining and quarrying and a 2.3 percent decrease in water supply. Up... and quarrying. Water supply was up by 0.7 percent. According to the European Commission’s latest business
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politicscentre-right party expects new infections and the number of intubated patients to drop in the coming days... not receiving intensive care. ICU row SYRIZA followed up on this comment in the wake of the Lytras..., causing the chances of patients dying during treatment to shoot up. According to their research
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek PoliticsSYRIZA in 2019. Tsipras chose to up the stakes during his speech, by claiming that the way... and his advisers not being aware of the paper’s content do not stand up to any scrutiny... a smaller drop, from 33.6 to 33 pct. While this means that New Democracy’s lead over SYRIZA has widened
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Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
EconomyMacroeconomy. Retail sales have been growing continuously since April, after nearly one year of drop in sales due... was seen in clothing and footwear that rose by 31 percent, followed by automotive fuel sales up by 25.6 percent. Books, stationery and other goods increased 22.1 percent, supermarkets were up by 9.5
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SYRIZA challenges govt over Covid deaths again as pandemic numbers rise
PoliticsGreek Politicsthe issue of Covid-related deaths back up the political agenda. Mitsotakis, who tested positive... ends meet. Although this has not yet translated into a significant or sudden drop in support for ND... in Parliament. When the issue came up in December, Prime Minister Kyriakos Mitsotakis attempted
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Where is Odysseus? Part 1 - Demographics
Agora, the drop averages between 0.4 and 0.8 percent a year. Since labor availability in persons originates...] Unfortunately, the press likes to play up the headline numbers far too much, as though they are important...] It gets worse. Politicians often think that by pumping up aggregate demand (with public debt
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Growth in car sales slows to 7.6 pct in March
EconomyMacroeconomywas a drop of 1.6 percent. Car sales in March came to 17,661 compared to 16,731 last year, a rise of 5.6... increased by 10.7 percent, with the absolute figure standing at 15,137. The remainder was made up... months of 2022 came to 50,226, up by 8.8 percent, led by passenger cars at 42,934, followed by lorries
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Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
EconomyMacroeconomyauthorities, the two increases in the minimum wage this year, and savings that built up during the pandemic.... The debt stock will drop further in 2022 to 186 pct of GDP and down to 180 pct of GDP, thanks... for this year at 3.1 pct this year, though much more bullish for 2023, that is seen up by 4.8 pct. This leads
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New energy subsidy scheme nearing launch as public remains sceptical
PoliticsGreek Politicsof up to 600 euros, which is designed to help with the added cost of energy bills between December.... Backing for New Democracy edged up from 31.7 pct to 32 during that time, while SYRIZA’s ratings rose.... There was, though, a drop in the percentage of undecided voters, from 11.4 to 9.8 pct. The survey indicates
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