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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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New government aims for extensive changes to education system
Societyrequired in the modern world. Kerameus noted that the education system should be designed not simply... use of human capital. Changes Kerameus said that the current curriculum was being examined... on Greece by the Commissioner for Human Rights of the Council of Europe outlined how austerity
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Business leaders set out steps to attract skilled Greeks as govt offers wage subsidies
Societysectors and regional policies, the creation of an attractive work environment with modern human... that the migration of these workers has led to shortfalls in skills and modern resources needed by the country... of university liaison offices with the necessary logistical and human infrastructure needs. Subsidy scheme
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Greece and the euro: The flight of Icarus
Agora($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes... of nurturing the productive sectors of its economy and tapping into the impressive human resources it has
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Newsletter 273 -13/11/2020
related to the coronavirus, with another 310 patients intubated around the country. The number of new... 2015 when it fell by -2.2 percent. Greece’s Consumer Price Index (CPI) fell by 1.8 percent year... remains at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only
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Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November
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Credit contraction further accelerates to 2.2 pct in November
EconomyMacroeconomyGreek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November
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