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CPI slows to 6.1 pct in Feb as energy moderates, but rising food prices persist
EconomyMacroeconomyThe pace of Greece’s Consumer Price Index (CPI) dropped further in February, rising by 6.1 percent year-on-year, after increasing by 7 percent in January, according to the data released on Monday... moderation is capturing base effects. The prices index was in deflation for the 12 months prior to May
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PM targets elections in May as polls show outcome is finely balanced
PoliticsGreek Politicsadministration was elected on July 7 in 2019 so the last Sunday that elections could be held before its time... Solution 13 and MeRA25 12. Such a scenario would almost certainly lead to a second vote as an alliance
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyinterconnector” could be operational in 7 to 8 years. Cooperation in energy is seen by both Athens... the extension of territorial waters from 6 to 12 miles. All these issues are issues of disputes that have
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Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
EconomyMacroeconomyjumped by over 12 billion euros to 104.41 billion. The absolute figure of debt increased by more... bonds and 11.09 billion in short-term securities. Long-term loans have dropped by close to 7 billion
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Newsletter 381 - 19/05/2023
MPs, SYRIZA 99, PASOK 35, KKE 25, MeRA25 14 and Greek Solution 12. These numbers suggest... just 7 billion euros of bond issuances. Despite the challenging landscape, where the tightening
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Rise of small parties creates pre- and post-election complications
PoliticsGreek Politicsgaining 42 pct, SYRIZA 19.5, PASOK 12, KKE 7, Plefsi Eleftherias 4.5, Greek Solution 4 and Niki 4
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomythis year were up by 7 pct, largely incorporating the rise in minimum wage for some half million... CPI stood at 7.8 pct, leading to negative real wage growth. Also, despite the rise by 12 pct
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CPI drops in Jun on back of lower energy costs, but food prices continue to climb
EconomyMacroeconomy12-month period increased by 7 percent, from 7.8 percent in the previous month. Month-on-month, the CPI... swing, hence the moderation of late captures base effects. The prices index was in deflation for the 12
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Trade deficit widens in May as exports contract by 15.4 pct
EconomyMacroeconomybillion euros for May. Imports totalled 7 billion euros, dropping by 13.6 percent YoY. Exports... at 17.45 billion euros. Exports to EU countries increased 12 percent to 12.68 billion euros, and non
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Economic sentiment indicators inch up again in July
EconomyMacroeconomypoints of pre-pandemic. The Employment Expectations Indicator (EEI) dropped sharply by over 7 points in July to 114.5, after rebounding by 1.5 points in June. The EEI is up by roughly 12 points
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