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Mitsotakis ousts critical MP as signs of unrest within ruling party start to surface
PoliticsGreek Politicsdecision, but the majority decided that SYRIZA will hold an extraordinary congress on November 1 to 3
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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomythe RRF, with 1 billion allocated so far, below the target by 807 million euros.
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Diffuse support fuels speculation about change to electoral law
PoliticsGreek Politicssince September, rising by 1 point to 23 pct, the political landscape is still fragmented. PASOK
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Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
EconomyMacroeconomyalmost 1 point from October last year. Construction confidence also dropped to 5.2 points, from 9.8
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Greece and Turkey take step forward in ties after leaders' talks on UNGA sidelines
PoliticsForeign Policyin a joint letter of the 27 EU member states to Albania for the formal launch of “Cluster 1
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyunder 25 years old at 511 euros gross. The latest minimum wage effective from April 1 is 830 euros
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Retail sales drop by 0.2 pct YoY in July as fuel leads slide
EconomyMacroeconomypercent, non-food increased by 1 percent and food sales grew by 1.3 percent. Retail sales were led
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Newsletter 435 - 04/10/2024
pct. Compared to July 2023, automotive fuel was down by 6.8 pct, non-food sales increased by 1 pct
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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBankingthat marginally exceeded 1 billion euros. The government presented the latest transaction as a success and a vote
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Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
EconomyMacroeconomybalance will be in a deficit marginally below 1 pct in 2025 and will stay moderate at 1.5 pct of GDP
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