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Slowdown in vehicle market continues in Feb, led by lower sales of new cars
EconomyMacroeconomysales in February came to 18,876 compared to 20,206 in 2024, a drop of 6.6 percent. Passenger cars... sharply by 14.4 percent annually and used cars had a rise of 1.3 percent. Lorries in February were up
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Trump's tariffs create gloomy economic environment for vulnerable Greece
EconomyMacroeconomyrespectively. Industrial products make up roughly 42 pct of Greek exports to the US, while... only to a marginal drop of GDP by 0.05 pct, while when second-round effects are included, the overall
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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicsmake Greek products 7 pct more expensive in the US, leading only to a marginal drop of GDP by 0.05 pct... or not. However, Mitsotakis did announce on Monday a shake-up in his communications team. Alexandra
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Trade deficit shrinks 18.3 pct YoY in Feb as imports decline
EconomyMacroeconomycountries had a sharp drop of 14.3 percent. Exports to EU countries rose by 5.2 percent while those... percent, at 4.13 billion euros. Imports from EU countries were up by 2.6 percent to 6.96 billion euros
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New Democracy sees glimmer of hope in polls following support measures
PoliticsGreek Politicsfor Democracy are tied at 2.5 pct. Undecided voters make up 13.5 of the total. The projected results put ND... shrunk from 4.3 million euros in 2015 to 670,000 euros in 2020 without a corresponding drop
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Fuel drives sharp YoY rise of 25.3 pct in Mar trade deficit
EconomyMacroeconomyGreece’s trade deficit rose significantly by 25.3 percent year-on-year (YoY) in March, after a sharp drop of 18.3 percent in February, according to data released by ELSTAT on Thursday. The deficit..., the aggregate deficit was down by 0.8 percent, at 6.4 billion euros. Imports from EU countries were up
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomywas revised up from stable to positive. Fitch granted Greece the investment grade at the end of 2023... drop in public debt to 154 pct of GDP—down 10 percentage points from 2023 and over 50 points below
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Trade data captures reflects challenges as exports fall 14.5 pct in Apr
EconomyMacroeconomy, while those from non-EU countries had a sharp drop of 24 percent. Exports to EU countries dropped... up by 3.4 percent YoY, while imports from non-EU markets were down by 8.4 percent. Exports to EU
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Newsletter 469 - 04/07/2025
4.35 million, while there was a significant drop of almost 26 pct in the number of unemployed... sales rose by 12.6 pct and food and beverages were up by 20.6 pct. Clothing and footwear also recorded
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Government hopeful of weathering subsidy scandal despite public’s finger of blame
PoliticsGreek Politicsfor PASOK in the latest sounding is up half a point on May. The forecast for Course of Freedom has dropped 2.3 points over the last two months. There was also a notable drop in the PM’s popularity since
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