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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomydrop in public debt to 154 pct of GDP—down 10 percentage points from 2023 and over 50 points below... with the new EU framework. The cumulative primary net expenditure growth for 2024–2025 was revised down
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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomyin the domestic market decreased by 1.4 percent, while the non-domestic market was down by 15.3 percent... percent in mining, and mining and manufacturing down by 0.2 percent. Monthly, the domestic market
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Newsletter 464 - 30/05/2025
Friday when the interim head of OPEKEPE, Nikolas Salatas, was asked to step down. This resignation... it dropped further to 6.2 points, from 13.6 in the previous month. The index is down roughly 8 points
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Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
EconomyMacroeconomymonthly movement was up by 0.4 percent. Compared to March 2024, automotive fuel was down by 6.7 percent... down by circa 20 points from June 2024.
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomyby 0.7 percent. Exports of goods were down by 0.8 percent QoQ and services exports decreased by 2 percent... by 1.7 percent YoY, while services were down by 0.2 percent. Goods imports were also up by 1.7 percent
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Newsletter 466 - 13/06/2025
voters. Since stepping down as SYRIZA leader in 2023, he has maintained a relatively low profile... seen in all segments except transport, which was down by 2.8 pct YoY. Clothing and footwear were up
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SYRIZA attempts latest restart as parties gear up for next Tempe showdown
PoliticsGreek Politicsclaim. He accused PASOK of tabling a watered down proposal that sought to spread blame for the crash... criticised New Left, the party formed by SYRIZA rebels, for backing down after initially indicating
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek Politicsof prosecutions were voted down. The conservatives hope that this outcome will allow them to move on from..., with just 22 pct saying they trust any source of news, down from 23 pct last year. Almost all news
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Government shows its concern about Middle East impact, farm subsidy probe
PoliticsGreek Politicsslows down GDP growth by 0.2-0.3 pct. Clearly, a rise in oil prices would also have a negative impact... has already taken steps to address problems at OPEKEPE by beginning to shut down the agency
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Newsletter 469 - 04/07/2025
to contract, down by 1.9 pct. PMI The Greek manufacturing sector continued to grow in June, landing... fuel was down by 6.3 pct, non-food increased by 7.3 pct and food sales rose by 13.9 pct. Supermarket
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