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ND raises tax concerns in bid to prevent voters moving to PASOK
PoliticsGreek Politicsto the centre-left party for the second vote on June 25. After securing almost 41 pct of the vote on May 21... to this goal is the possibility that former PASOK voters who voted for ND in the first election may drift... to power on May 21 and would have been able to prevent any cyberattack. The conservatives’ response
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March sees first retail sales fall for two years, volumes show consumption diving
EconomyMacroeconomyand non-food up by just 0.1 percent. According to the latest business indicators for May, consumer... in May to 14.8 points, from 27.2 in the previous month, up 14 points from June last year. Overall, economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after
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Opinion poll offers Mitsotakis encouragement in quest for majority
PoliticsGreek PoliticsThe latest opinion poll to be published since the May 21 elections has provided New Democracy..., down 1 point on May 21, and PASOK 11.7 pct. The Communist Party (KKE) is projected to receive 7.6... more parties – Plefsi and Niki – entering Parliament compared to the May 25 results, Kyriakos
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomyin the Stability Programme that was sent to Brussels in early May, the growth outlook is improved to 2.3 pct..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... outlook on Greece for this year in its latest forecast also published mid-May. It now expects the Greek
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Full agenda, topped by Turkey, for new Foreign Ministry team
PoliticsForeign Policy. If a new approach between the two is secured, then both sides may proceed with the next steps that may see a new round of exploratory talks, and also discussions that will focus on the so-called “positive agenda”. With his new majority secured, Mitsotakis may feel emboldened to begin new talks
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Tsipras resignation opens up debate about SYRIZA's future
PoliticsGreek Politicssecond election campaign after the defeat in May. Temponeras is not presently an MP, which would... and political nous. Further candidates may emerge from groupings such as the “umbrella” movement... that several candidates for the new party had stood for Kasidiaris’s party Ellines in the May elections
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Newsletter 388 - 07/07/2023
that the deadline may be extended. The vote for a new leader is due in early September, following... up pace from May. S&P notes that the growth rate was affected by some reports of customer hesitancy.... Interest rates The interest rate spread for loans widened in May, reaching 5.76 pct for new loans
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Deposits jump to highest since 2011 in Jun as corporate savings record significant rise
EconomyMacroeconomyin June, from a positive flow of 794 million euros in May, based on the latest Bank of Greece (BoG... percent in May and 3.7 percent in April. The outstanding balance of private sector deposits in June... a 787 million euros rise in May.
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Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY
EconomyMacroeconomy-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic... recording much more modest growth rates in recent months. In May last year, with growth of 54 percent... in the Greek manufacturing sector have improved, with July’s growth the strongest since May 2022
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PM under pressure to account for destruction, as wildfires stoke anti-migrant sentiment
PoliticsGreek Politicsand initiatives to improve public services. It now looks likely that the positive message may need to be toned... credence to the theory that arson may have been behind the Evros fire, saying that the spread... hand, it may alienate some of his more moderate voters, while on the other hand it could strengthen
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