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  1. Government concludes Tempe inquiry, turns attention to Thessaly reconstruction

    PoliticsGreek Politics

    regarding a loan from a company he owns to SYRIZA in December. New Democracy argues that Kasselakis

    2%

  2. Import prices reach one year of contraction with 6.4 pct drop in Jan

    EconomyMacroeconomy

    Greece’s import price index stayed in contraction in January, falling by 6.4 percent year-on-year (YoY), after dropping by 8.7 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The consecutive negative readings now stretch back for 12 months

    2%

  3. Newsletter 416 - 15/03/2024

    Newsletters

    pct year-on-year (YoY) in December, reaching twelve continuous months of falling import prices after

    2%

  4. Moody's leaves Greece's rating unchanged, one notch from investment grade
    Photo by Panayiotos Tzamaros

    Economy

    . This was followed by two upgrades to investment grade by S&P the following month and Fitch in early December

    2%

  5. Industrial turnover returns to growth in Jan with 3.2 pct YoY rise, falls sharply MoM
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyMacroeconomy

    Greece’s industrial turnover returned to growth in January, rising by 3.2 percent year-on-year (YoY) from a 7.1 percent decrease in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. This is the first positive reading after nine successive annual drops

    2%

  6. Jan current account in surplus, trade balance worsens as exports drop again
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance showed a deficit of 161.5 million euros. The Bank of Greece notes that this is mainly due

    2%

  7. Newsletter 417 - 22/03/2024

    Newsletters

    , from a 7.1 pct drop in December. On a rolling 12-month basis the index is down by 5 pct

    2%

  8. Travel balance surplus more than doubles YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023

    2%

  9. Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The credit expansion in the Greek private sector picked up pace slightly in February, rising by 3.8 percent year-on-year (YoY), up from 3 percent in January, Bank of Greece (BoG) figures released on Thursday showed. At 6.3 percent, December’s 2022 growth was the highest since the summer of 2009

    2%

  10. Retail sales back in contraction for Jan, as volumes fall by 8.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales went into contraction in January, with a drop of 2.3 percent year-on-year (YoY), after upwards revised growth of 7.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a sharp decline of 8.9 percent YoY

    2%