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Newsletter 433 - 13/09/2024
confirmed that social security contributions will drop by 1 percentage point next year, rather than
6% -
Kasselakis ousting confirmed as SYRIZA slips in polls, which also carry warnings for ND
PoliticsGreek PoliticsThe unseating of Stefanos Kasselakis as SYRIZA leader was rubber stamped on Thursday, while the nascent politician’s future plans are still unknown. The former banker’s defenestration came as a new opinion poll suggested there has been a significant drop in support for the leftist party. SYRIZA’s
6% -
Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
EconomyMacroeconomywas 3.41 billion euros. This is the first drop in the travel balance since the pandemic affected 2020
6% -
Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomythe MoU policies dictated a drop in the minimum wage to 580 euros, adding a sub-minimum wage for workers
6% -
Unemployment edges down to 9.5 pct in Aug
EconomyMacroeconomywith the same month of 2023, amounting to 444,402, a 2.5 percent drop. Unemployment is moving away from
6% -
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomywill drop further to 1.57 billion euros, or 0.6 pct of GDP, from 2.26 billion euros at 1 pct of GDP
6% -
Trade deficit reaches 22 bln in 8M as exports continue to slide
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 6.5 percent year-on-year (YoY) in August, after a rise of 6.6 percent in July, according to data released by ELSTAT on Tuesday. The deficit came to 2.54 billion euros for August. Imports totalled 6.21 billion euros, dropping by 3.7 percent YoY. Exports
6% -
Growth of industrial production moderates to 3.1 pct YoY in Aug
EconomyMacroeconomyAugust 2023. Month-on-month (MoM), the seasonally adjusted index in August recorded a drop of 4 percent
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SYRIZA's ongoing drama creates space for winner of PASOK leadership vote
PoliticsGreek Politics. The Cretan MP was seemingly unable to convince Kasselakis to drop the writ, allowing the party
6% -
Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomyof lower state income from the drop of the trade tax. With Greeks severely challenged by weak disposable
6%