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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomywas down by 3.2 percent. Month-on-month (MoM), the index dropped by a sharp 10.9 percent in January... signalling growth in the sector. The expansion in new orders continued to slow down, as supply chain issues
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NBG reports profits of 833 mln in 2021
EconomyBankingincome (PPI) stood at 1.12 billion euros, down by 34 pct on the 1.71 billion euros in 2020. Core... trading income in 2021 was 404 million euros, down by 63 pct from 2020, when it amounted to 1.1 billion
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomyand the wind down of the tourism season as the data is not seasonally adjusted. The number of economically... to the same quarter of 2020. Broken down by age group, the highest unemployment rate is still among
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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek Politicsdispensation by the European Commission to introduce temporary, unilateral measures to bring down energy... the electoral law again to bring down the threshold needed for a parliamentary majority from around 38 pct
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Parties re-work strategies as clearer picture emerges for election run-up
PoliticsGreek Politicsof the local media has interpreted this comment as a laying down of the gauntlet to third party KINAL... at 30.1 pct, down 1.1 points on February’s tally. During this period, backing for SYRIZA has risen
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Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
EconomyMacroeconomy. In October 2020, the index was down by 3.2 percent. Month-on-month (MoM), the index also recovered by 7.7... and electricity supply down by 9.3 percent. According to the European Commission’s latest business surveys
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Newsletter 334 - 08/04/2022
for New Democracy now stands at 30.1 pct, down 1.1 points on February’s tally. During this period, backing... the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek PoliticsThe government trailed on Wednesday a new relaxation of Covid restrictions but a new opinion poll suggests the pandemic has slipped down the list of voters’ priorities and that, ahead of elections..., support for ND stands at 30 pct, down 1 point on last month, while SYRIZA’s backing is at 24.5 pct
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomyon growth. Specifically for Greece, growth for this year was revised down by just over one percentage point to 3.5 pct, slowing further to 2.6 pct in 2023 and down to just 1.2 pct in 2027. According
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Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017
EconomyMacroeconomypoints in April, dropping 1.7 points from the previous month. Euro area ESI was 105 points, down... to 3.6. Since May last year, industry confidence is down by 2.2 points. The services index dropped
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