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  1. Newsletter 388 - 07/07/2023

    Newsletters

    the restart button, Mitsotakis looks to be doubling down on his efforts to dominate the political centre... trading partner, slowing down. Domestic demand growth is also seen normalising. Inflation

    2%

  2. Mitsotakis sets political tone for new term as well as unveiling policies
    Image: www.primeminister.gr

    PoliticsGreek Politics

    ratio to 140 pct, bringing down unemployment to 8 pct, increasing exports to 60 pct of GDP, raising..., being established in Greece. The PM threw down the gauntlet to PASOK leader Nikos Androulakis

    2%

  3. Economic sentiment indicators inch up again in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of August 2022. The EU average ESI stood at 93.6 points in July, down from the 94.1 points of the previous month. The euro area’s ESI was 94.5 points, also down from the 95.3 points of June. July’s

    2%

  4. Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct

    EconomyMacroeconomy

    movement was up by 0.2 percent. Compared to May 2022, automotive fuel was down by 5.7 percent, non-food...-food down by 1.2 percent. According to the latest business indicators for July, consumer confidence

    2%

  5. Waiters and hospitality jobs lead way as hiring balance improves YoY in June
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    , while voluntary exits were down by 1,690. Hires were up by 27,965 jobs compared to June last year... down by employment activity, the catering sector led with a balance of 39,956 jobs, followed

    2%

  6. Impact of energy moderates, current account deficit narrows to 7.86 bln in 6M

    EconomyMacroeconomy

    , from 11.56 billion in 2022. The goods balance showed a deficit of 15.36 billion euros, down from 18.32... 13.05 billion euros in 2022. Imports totalled 40.73 billion euros, down from 43.87 billion euros

    2%

  7. Government dampens expectations for handouts in PM's speech

    PoliticsGreek Politics

    of this year’s Thessaloniki International Fair (TIF), but aides have started to dial down expectations... officials to play down expectations regarding the fiscal measures that Mitsotakis will unveil

    2%

  8. Latest census data shows demographic challenge is here as population shrinks, ages
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    persons down by 3.5 pct, 4-member families down by 11.2 pct and a 14.8 pct reduction in families with more

    2%

  9. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    by 7.9 percent. Household spending was up by 3.2 percent YoY, while government spending was down by 1.4 percent annually. Exports rose by 0.1 percent year-on-year, with goods down by 1.8 percent

    2%

  10. Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
    Photo by MacroPolis

    EconomyMacroeconomy

    of lorries (1,628) down by 22.6 percent and buses (60) down by 11.8 percent. Motorcycle sales increased

    2%