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  1. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , in line with commitments and the debt sustainability assumptions. Debt will drop to close 162 pct

    2%

  2. Newsletter 359 - 18/11/2022

    Newsletters

    December last year, when it had grown by 23.6 pct. Month-on-month the index posted a 2.2 pct drop, now

    2%

  3. Newsletter 362 - 09/12/2022

    Newsletters

    ) drop by a modest 0.5 pct. Q2 2020 was the peak of the pandemic impact. Greek GDP had dropped by 13.4

    2%

  4. Growth in import prices slows to 21.3 pct in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    last year at 18.7 percent. Month-on-month, the index posted a rise of 1.5 percent, after a drop of 2.2

    2%

  5. Loans managed by servicers stabilise near 87 bln in Q3 as securitisations conclude

    EconomyMacroeconomy

    The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q1 this year and in Q3 it stood at 86.8 billion euros, according to data released by the Bank of Greece (BoG) on Friday. This represents a minor drop of roughly 200 million euros quarter-on-quarter During 2022

    2%

  6. Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM

    EconomyMacroeconomy

    back above 100-points, after a 6.6-point drop in October.

    2%

  7. PBO sees economy making soft landing, but facing challenges ahead

    EconomyMacroeconomy

    attributes this to the negative effects of inflation on disposable income and consumption, the drop

    2%

  8. PM defends grocery stipend, hopes to draw support from PASOK

    PoliticsGreek Politics

    Androulakis. However, on the issue of transparency, Mitsotakis’s ratings drop to 28 pct, the same

    2%

  9. Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    There was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising by 26.2 percent year-on-year (YoY), after a 35.4 percent increase in October, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up until March 2021, when it grew

    2%

  10. Industrial production drops by 0.9 pct YoY in Nov for third straight decline
    Image via www.viohalco.com

    EconomyMacroeconomy

    movement in the index was led by an 18.2 percent decrease in mining and quarrying, followed by a drop

    2%