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Industrial turnover continues on recovery path with 25.2 pct rise in June
EconomyMacroeconomyGreece’s industrial turnover increased by 25.2 percent year-on-year (YoY), from 22.4 in June, data from the Hellenic Statistical Authority released on Monday showed. This is the latest in a series of impressive readings that mark the rebound from the depressed levels of the first lockdown in 2020
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The final stretch: Can fearmongering swing the German electorate?
Agora) and their candidate for chancellor, Armin Laschet. Trailing the Social Democrats (SPD) in the latest
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Banks moving at pace on road to recovery
EconomyBankingThe momentum of positive developments in the Greek banking sector is growing as systemic lenders appear to be leaving behind them, with gradual but steady steps, the legacy issues of the decade-long debt crisis that damaged their balance sheets. In the latest official data on bad loans on the banks
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PBO highlights exceptional factors supporting recovery, cautions against complacency
EconomyThe Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory. Greece’s annual growth of 16.2 pct in the second
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Rival economic plans leave voters unimpressed amid uncertainty over new Covid surge
PoliticsGreek Politicsof the economy. The latest opinion poll by Pulse for SKAI has been welcomed by supporters of the conservative
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Deposits rise by 1.48 bln in Aug as year to date increase exceeds 10 bln
EconomyMacroeconomymillion euros, while time deposits fell by 855 million euros. The latest deposit movement took
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PM presents warship, mutual defence deal with France as game changer
PoliticsGreek Politicsinto conflict with the European Union’s mutual defence clause. PPC The cost of the latest military purchase
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KINAL launches leadership contest to settle internal disquiet ahead of elections
PoliticsGreek Politicsfor complacency on the government side, however, as this latest poll confirms that the balance seems has tipped
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Retail sales jump 13.3 pct in Jul to extend growth period to four months
EconomyMacroeconomyin July increased by 0.8 percent compared to June, while volume dropped by 5.2 percent. The latest
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Manufacturing growing at steady pace despite supply chain, inflation issues
EconomyMacroeconomyGreece’s manufacturing PMI dropped slightly to 58.4 in September, from 59.3 points in August, according to Markit data released on Friday. Markit notes that the latest figure confirms the health in the Greek manufacturing sector thanks to an expansion in output and new orders. The output
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