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PBO sees economy making soft landing, but facing challenges ahead
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) released its latest quarterly report on Tuesday, which highlights some of the concerns for the coming year despite notable progress on the fiscal and economic front this year. Fiscally, Greece had a sounds year, thanks to the growing economy and the effects
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomyThe Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022. The BoG notes that the macro environment which has been
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyreaching a peak of 3.7 pct in February last year. Despite the recent slowdown, the latest figures place
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Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
EconomyMacroeconomyby 5.5 percent and non-food up by 1.2 percent. According to the latest business indicators for November
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Manufacturing reaches half a year of contraction as PMI drops further in Dec
EconomyMacroeconomyin output and new orders, after weak domestic and foreign demand. S&P says that the latest data point
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Election date seen hanging in balance as PM weighs pros and cons
PoliticsGreek Politicscontracts. The latest case of alleged sleaze involves New Democracy official Andreas Koutoupis
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Unemployment unchanged at 11.4 pct in Nov
EconomyMacroeconomy, while the rate in the 25-74 years bracket was 10.3 percent. The latest available data from
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Industrial production drops by 0.9 pct YoY in Nov for third straight decline
EconomyMacroeconomyin water supply and 8.6 percent in mining and quarrying. According to the European Commission’s latest
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OECD sees recovery slowing, urges fiscal discipline
EconomyMacroeconomyOECD secretary-general Mathias Cormann visited Greece on Tuesday for a meeting with Prime Minister Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy. The OECD joined the long list of international organisations that sees a challenging environment
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Row over independent probe into surveillance affair threatens to boil over
PoliticsGreek PoliticsThe government is facing a mounting constitutional dispute that is related to the surveillance scandal, an issue that New Democracy has been trying to put to bed ahead of the elections later this year. The latest flare-up was caused by Supreme Court prosecutor Isidoros Dogiakos issuing an opinion
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