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PBO sees economy making soft landing, but facing challenges ahead
EconomyMacroeconomyattributes this to the negative effects of inflation on disposable income and consumption, the drop
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PM defends grocery stipend, hopes to draw support from PASOK
PoliticsGreek PoliticsAndroulakis. However, on the issue of transparency, Mitsotakis’s ratings drop to 28 pct, the same
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Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
EconomyMacroeconomyThere was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising by 26.2 percent year-on-year (YoY), after a 35.4 percent increase in October, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up until March 2021, when it grew
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Industrial production drops by 0.9 pct YoY in Nov for third straight decline
EconomyMacroeconomymovement in the index was led by an 18.2 percent decrease in mining and quarrying, followed by a drop
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Car sales end 2022 with modest full-year growth of 3.3 pct, from 22.1 pct in 2021
EconomyMacroeconomyin 2021, a drop of 0.3 percent. Passenger cars increased by 1.5 percent, with the absolute figure
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Rise of fringe party complicates election arithmetic
PoliticsGreek Politicswill be held with a simple form of proportional representation. This threshold will drop to around 38 pct
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Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
EconomyMacroeconomy, staying above 100-points, after a 6.6-point drop in October.
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
EconomyMacroeconomyfrom December. The recovery in Greece’s consumer confidence following the sharp pandemic drop
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Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
EconomyMacroeconomy, with fuels up 1.3 percent, a drop in food by 1.5 percent and non-food up by 2.9 percent. According
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Banks discover stress test assumptions, results due in July
EconomyBankingproperty will fall 2.1 pct in 2023, and a sharper drop of 7 pct, resuming growth of 2.9 pct in 2025
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