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  1. Mitsotakis makes final push for comfortable majority as small parties hold key
    Photo by MacroPolis

    PoliticsGreek Politics

    that 94 pct of voters who participated in the first election on May 21 are minded to vote again... to win a majority. Should there be only five parties in Parliament, as was the case after the May 25

    2%
  2. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    a strong drop in May, up by 19 points from July last year. Overall, Greece’s economic sentiment (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May.

    2%
  3. Mitsotakis gears up for Erdogan meeting as US backs improved ties

    PoliticsForeign Policy

    2022. Mitsotakis’s appearance in the US Congress in May of that year and his appeal to US lawmakers... the beginning of talks within the framework of a “positive agenda” that may include talks

    2%
  4. Mitsotakis focuses on economy as SYRIZA concentrates on leadership contest
    Photo by MacroPolis

    PoliticsGreek Politics

    and wage rises promised by the government, but reports suggest that the New Democracy leader may also..., but the latest reports suggest that the deadline may be extended. The vote for a new leader is due

    2%
  5. Vehicle sales up 10.8 pct YoY in Jun, rising by 13.2 pct in H1

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time accelerated further in June, rising by 9.2 percent year-on-year (YoY), from 5.6 percent in May, according to Hellenic Statistical... categories in May, with new passenger cars rising by 20.7 percent and used passenger car sales down

    2%
  6. PMI records 6 months of improved manufacturing conditions, but outlook less upbeat
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    the strongest since May 2022. The expansion was driven by stronger upturns in output, new orders... decrease in input costs, to the second steepest decline since May 2020, attributed to reduced raw

    2%
  7. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate landed at 11.1 percent in June, from an upwards revised 11.3 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday... is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased

    2%
  8. Industrial production drops for first time in 2023, down 3.6 pct in June
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) contracted in June, falling by 3.6 percent year-on-year (YoY), after rising by an upwards revised 1.9 percent in May, according to Hellenic Statistical... the strongest since May 2022. The expansion was driven by stronger upturns in output, new orders

    2%
  9. Despite drop in input costs, rising agriculture output prices cause inflation concerns

    EconomyMacroeconomy

    . Month-on-month, agriculture products increased by 3.4 percent, from 5.1 percent in May, marking five... a 1.5 percent decrease in May, marking four successive monthly drops in 2023. That said, for the entire

    2%
  10. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed... to May 2023, automotive fuel was down by 19.5 percent, non-food was up by 2.6 percent and food sales

    2%