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  1. Annual contraction of import prices slows in Sep, index growing MoM since Jun

    EconomyMacroeconomy

    decrease YoY from the eurozone market. Energy prices dominate, with electricity down by 55 percent... at 3.8 percent, then durables with 2.4 percent. Non-durables were down by 0.4 percent and intermediate

    2%
  2. Significant improvement in oil balance reduces 9M current account deficit to 7.25 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    balance showed a deficit of 23.81 billion euros, down from 28.73 billion euros in 2022. The oil.... Imports totalled 61.17 billion euros, down from 68.58 billion euros up to September 2022. Exports were

    2%
  3. Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
    Photo by MacroPolis

    EconomyMacroeconomy

    by 23.7 percent YoY, hence some base effects in this year’s rates. Manufacturing revenue was down... to -4.3, from -2 points in the previous month. Since November last year, industry confidence is down

    2%
  4. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2024. Of that amount, 700 million is down to increases in the public payroll. Transfers will be lower... billion euros, bringing the debt-to-GDP ratio down to 152.3 pct from this year’s 160.3 pct of 2023

    2%
  5. Newsletter 403 - 24/11/2023

    Newsletters

    balance showed a deficit of 23.81 billion euros, down from 28.73 billion euros in 2022. The oil... in September, from 6.4 pct in the previous month. Manufacturing revenue was down by 5 pct

    2%
  6. Athens looks for improving mood rather than tangible outcome from Erdogan visit
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    and fewer enemies” and he noted that “we are visiting our neighbor; we will sit down and talk. If both... on our way.” In this way, Erdogan tried to play down statements made by Turkish office over

    2%
  7. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    increased by 4.9 percent. Exports rose by 1 percent year-on-year, with goods down by 1.1 percent.... In a recent interview with Politico the BoG governor said that next year’s estimate was revised down

    2%
  8. Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct

    EconomyMacroeconomy

    percent in water supply. Electricity supply was down by 0.7 percent. According to the European... in November. Since December last year, industry confidence is down by almost 4 points. In addition

    2%
  9. Sports-related violence on the agenda again as PM struggles to find response
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to play behind closed doors or stopping all sporting activity. Either scenario would not go down... also doubled down on his claim that SYRIZA can win next year’s European Parliament elections despite

    2%
  10. Latest hooliganism crackdown greeted by mixture of anger and scepticism
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    Minister Kyriakos Mitsotakis pledged to crack down on sports-related violence, a promise he has now... to come have failed to convince and the government is being accused of kicking the can down the road

    2%