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Growing challenges await PM following summer break
PoliticsGreek Politicswill have to be balanced, though, against the government’s commitment to produce a 1 pct of GDP
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Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M
EconomyMacroeconomy-EU receipts were 1.21 billion euros. Average expenditure per trip was down by roughly 1 percent
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Government tries to mount defence against criticism about wildfires
PoliticsGreek Politicslinked to the devastation caused by this summer’s fires, which have burned approximately 1 pct
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Newsletter 391 - 01/09/2023
helped boost turnovers, in June it also dropped by 1 pct year-on-year, although that was mostly led
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomydecreased by 1.2 percent and imports increased by 1 percent. The export drop was led by a decrease
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Return to investment grade overshadowed by flood destruction
Economycontributing close to 1 billion euros of added value in the sector. As the waters recede, it is evident
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicsan unknown portion of the 1 GW of photovoltaics installed in the plain. Mitsotakis met European Commission
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Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
EconomyMacroeconomypercent. The number of long-term unemployed (more than 1 year) came to 319,400 people, representing 59.9
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Newsletter 393 - 15/09/2023
growth for 2023, from 0.9 pct, and 1 pct from 1.5 pct for 2024. The eurozone’s central bank
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Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicsin the future. The PM added that Greece would increase the tax on luxury accommodation, rising from 1
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