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Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
EconomyMacroeconomyGreece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly revised decline of 1.4 percent, according to data published by the Hellenic Statistical Authority (ELSTAT.... December’s growth of 2.2 percent compared to December 2016 indicates a slight underperformance
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygrowing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... 3.5 percent of GDP until 2022 and 2.2 percent of GDP on average afterwards. Looking ahead, GDP growth
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyThe European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2... is external risks. While growth is anticipated to reach 2.2 percent this year and in 2020, a negative
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece on Thursday, as part of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance
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CPI rises by 2.2 pct in Sept as prices shoot up at highest rate since 2012
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its march in September, increasing by 2.2 percent year-on-year (YoY), after a 1.9 pct rise in August, according to the latest data from the Hellenic... beginning to capture the price hikes felt across the economy. The latest figure of 2.2 percent has not been
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Industrial production concluded 2023 with modest annual growth of 2.2 pct
EconomyMacroeconomyto a modest rise of 2.2 pct YoY. Month-on-month (MoM), the seasonally adjusted index in December... and equipment. The monthly movement was led by increases of 5.2 percent in mining and 2.2 percent
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomywas a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammefiscal rule and contribute to the elimiination of a possible deficit bias. The fiscal council will also... the budget preparation and organic budget law. The Greek authorities commit to implement.... Improvements will also include an overhaul of the Organic Budget Law that will streamline
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EU court ruling leaves margin for change to collective redundancy law
Legalemployed 236 workers. Following the procedure provided by national law no. 1387/1983 on the ‘Control... on these questions, the Advocate General found the Greek law requiring administrative approval of decisions on collective redundancies incompatible with European law, even in a period of acute economic
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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicswas adopted on Thursday amid much acrimony. The final draft law, which brought together various... asylum law, relating to the presence of police on campuses, but also because the government submitted..., known as the Katrougalos law. According to Thursday’s amendment, the limit on so-called golden
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