Search
-
Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomyThe signs that the Greek economy has been slowing were evident in previous GDP releases for 2023... the most worrisome number for the Greek authorities is the subdued growth in investments... for the current Greek administration that promoted itself as a business-friendly and reformist government whose
3% -
Greece and Turkey keep mood positive as foreign ministers meet
PoliticsForeign Policyin the Greek- Turkish relations is already creating better conditions for addressing the Cyprus... and international developments, Greek government sources said that the meeting gave the Greek prime.... The two men gave on Thursday separate interviews in Greek and Turkish newspapers respectively
3% -
Boosted by polls, PM uses Iran war to reassert control, shut down election and reshuffle talk
PoliticsGreek Politicsto Greek voters amid geopolitical uncertainty. Beyond the public messaging, senior government... feel it is alone.” He went further, presenting the joint Greek–French–European presence... that they did not show such sensitivity when the Houthis were striking Greek‑owned vessels. Mitsotakis
3% -
Study sheds light on different experiences, aspirations of new and long-term migrants
Societylong-term migrants have integrated into Greek society, how they see their lives here and how... in mainland Greece (Andravida, Skaramagas, etc.), 25,000 live in hotels or apartments, or are hosted by Greek... groves of Moria, or in squats. In the survey on their views, 56 percent of Greek respondents believe
3% -
Manufacturing remains in contraction for Oct as business optimism falls to lowest since May 2020
EconomyMacroeconomyconsecutive decline in the state of the Greek manufacturing sector, and S&P Global notes this is now... of inflation quickened again in October, leading to another marked rise in input costs for Greek... of job shedding. Although Greek firms remain optimistic overall, the level of business confidence
3% -
PMI shows slight improvement in Oct, sector outlook improves
EconomyMacroeconomy50.3 points in September, according to S&P Global data released on Friday. The conditions in the Greek... average. Reflecting this moderation in cost inflation, Greek manufacturers also raised their selling... in the current 14-month inflation period, as competitive pressures limited price hikes. Meanwhile, Greek
3% -
Finance Ministry publishes roadmap for relaxation of capital controls
EconomyMacroeconomy(BoG) and is a non-legally binding document outlining the strategy of the Greek authorities, the MoF... deposited with a bank without limit. Additionally, 30 percent of the money transferred to a Greek bank from... for opening a new Greek bank account for the first time. A similar lifting of restrictions for companies
3% -
Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyto rise inflation in August eased well below the recent peak of July. Greek manufacturing firms continued their increased buying activity with the quantities rising strongly. Greek goods producers have... domestically and greater foreign client demand. Markit analysts commented that the Greek manufacturing sector
3% -
Benefits of investment grade starting to become visible
Economysecures the investment grade from Moody’s, which the Greek authorities expect in H1 2024, it could see... of Greek banks from stable to positive, with unchanged credit ratings. The main driver was the investment... of the Greek economy.
3% -
Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
EconomyMacroeconomyin December, according to S&P Global data released on Thursday. The conditions in the Greek... to construction activity. "Supported by stronger demand conditions, the Greek manufacturing sector... of inflation. Greek manufacturers registered a stronger degree of confidence in the output outlook over
3%