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Weak exports to EU markets drive 9.6 pct rise in 7M trade deficit
EconomyMacroeconomyGreece’s trade deficit recorded a rise of 6.6 percent year-on-year (YoY) in July, after a drop of 9.8 percent in June, according to data released by ELSTAT on Friday. The deficit came to 2.71 billion euros for July. Imports totalled 7.33 billion euros, rising by 6.3 percent YoY. Exports totalled
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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politics. Mitsotakis confirmed that social security contributions will drop by 1 percentage point next year, rather
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomythe largest drop in unemployment, the cumulative growth of inflation is the lowest in the EU
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CPI at 3 pct in Aug, on upward trajectory for three straight months
EconomyMacroeconomy-on-month, the CPI increased by 0.3 percent, from a drop of 0.7 percent in July. In August 2023, the CPI
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyin manufacturing, partially offset by 4.7 percent drop in electricity supply and 1.8 percent in water supply
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Newsletter 433 - 13/09/2024
confirmed that social security contributions will drop by 1 percentage point next year, rather than
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Kasselakis ousting confirmed as SYRIZA slips in polls, which also carry warnings for ND
PoliticsGreek PoliticsThe unseating of Stefanos Kasselakis as SYRIZA leader was rubber stamped on Thursday, while the nascent politician’s future plans are still unknown. The former banker’s defenestration came as a new opinion poll suggested there has been a significant drop in support for the leftist party. SYRIZA’s
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Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
EconomyMacroeconomywas 3.41 billion euros. This is the first drop in the travel balance since the pandemic affected 2020
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomythe MoU policies dictated a drop in the minimum wage to 580 euros, adding a sub-minimum wage for workers
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Unemployment edges down to 9.5 pct in Aug
EconomyMacroeconomywith the same month of 2023, amounting to 444,402, a 2.5 percent drop. Unemployment is moving away from
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