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  1. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP had marginal gains in Q4, rising by 0.2 percent quarter-on-quarter (QoQ), from a 0.1 percent drop in Q3, provisional data from the Hellenic Statistical Authority... GDP grew by 2 percent, with final consumption up by 1.8 percent, investments down by 0.5 percent

    6%

  2. ND names MEP candidates with eye on loss of support to hard right
    Image: @kmitsotakis

    PoliticsGreek Politics

    from taking up his position by the Albanian authorities, sparking a long diplomatic row between.... Should its support drop below that level, there will be pressure on Mitsotakis and his team

    6%

  3. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    this year and will remain at that level during the forecast horizon up to 2029. The overall budget balance will drop from a deficit of 1.6 pct of GDP last year to less than 1 pct of GDP in 2024

    6%

  4. Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Following a disappointing result in the European Parliament elections on June 9, in which New Democracy fell almost 5 points short of its own target of 33 pct and experienced a sharp drop in support... polls by opposition parties. The French spread over bunds shot up to 74 basis points mid-week

    6%

  5. Credit expansion reaches just 66 mln of inflows in May

    EconomyMacroeconomy

    was positive by 105 million euros, after a drop of 730 million euros in April. Within corporate lending, the flow of credit to non-financial corporations was up by 78 million euros. The balance stood at 67.1

    6%

  6. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    surplus of 2.5 pct of GDP up to 2027, beating the previous 2.1 pct of GDP outlook. This leads to modest... on a favourable trajectory that will drop from the high of 207 pct of GDP in 2020 due to the pandemic

    6%

  7. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    from August last year. Construction confidence also had a significant drop to 7.6 points, from 15.6 points previously. The index is currently up by 14 points on a rolling 12-month basis.

    6%

  8. Seasonal worries add to pressure on govt as opposition highlights holiday costs, hospital staffing
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is for its support to drop below 30 pct permanently. Ministers have been tasked with preparing... household electricity bills as summer heatwaves pushed up prices, the main opposition party SYRIZA

    6%

  9. Kasselakis worsens SYRIZA divide by replacing parliamentary leader
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    SYRIZA appears on a course to lose its position as the main opposition in Parliament, after fewer than half the party’s lawmakers backed a shake-up of the front bench sprung on them by leader... by an erstwhile ally, and the first of the autumn polls signalling a precipitous drop in popularity

    6%

  10. Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    percent increase in manufacturing, while water supply was up by 3.4 percent. Electricity supply... in manufacturing, partially offset by 4.7 percent drop in electricity supply and 1.8 percent in water supply

    6%