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Economic sentiment falls sharply in July as nearly all segments deteriorate
EconomyMacroeconomyfrom 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.
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Seasonal worries add to pressure on govt as opposition highlights holiday costs, hospital staffing
PoliticsGreek Politicsis 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
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Kasselakis worsens SYRIZA divide by replacing parliamentary leader
PoliticsGreek PoliticsSYRIZA 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
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomypercent 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
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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... period have dropped by 2.3 pct. In industry, labour productivity is up by 1.6 pct, whereas real wages
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Corporations drive sharp rise for deposits in Nov, reaching 198.01 bln
EconomyMacroeconomyto 1.55 billion and other deposits were up by 197 million to 37.6 billion. Corporate deposits... government, increased by 3.07 billion euros to 205.82 billion euros, after a 1.87-billion euros drop
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Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in November, edging down up to 9.6 percent, from 9.8 percent in the previous month, Hellenic Statistical... of 2023, amounting to 454,695, an 9.5 percent drop. Unemployment is moving away from the half million
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Car sales rise by 2.4 pct in 2024 as market slows down
EconomyMacroeconomy, a drop of 4.9 percent. Passenger cars increased by 5.7 percent, with the absolute figure standing..., road motor cars have risen by 2.4 percent annually. Passenger cars were up by 3.5 percent, lorries
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Government treads carefully on Trump, looks for positives in EU defence spending tweak
PoliticsGreek Politicscould lead to a drop of just 0.05 pct to GDP. However, when second round effects are included... that the time has come for Europe to grow up in geopolitical terms and for it to find its distinct place
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Private sector deposits fall back below 200-bln-mark in Jan, led by coprorations
EconomyMacroeconomydeposits of 49.47 billion euros and household deposits of 149.35 billion euros. Despite the drop... euros, while redeemable at notice rose by 4 million to 1.56 billion and other deposits were up
6%