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  1. Newsletter 426 - 07/06/2024

    Newsletters

    the commercial banks. The consensus of most international organisations is for growth this year nearer the 2

    9%

  2. Industrial production jumps by 10.8 pct in Apr due to electricity and manufacturing

    EconomyMacroeconomy

    confidence stayed on positive ground at 3.6 points, up from 2 points in the previous month. Since June last

    9%

  3. New Democracy considers adjusting course after losses to right and centre

    PoliticsGreek Politics

    , SYRIZA 3.6 percent and Dimokrates 2 percent, meaning that parties of the centre and left collectively

    9%

  4. Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023

    EconomyMacroeconomy

    2 points in the previous month. Since June last year, industry confidence is now down by only 0.4

    9%

  5. Cost of living remains public's top worry, as government slashes green transition budget
    Photo by MacroPolis

    PoliticsGreek Politics

    in the target for electricity storage from 700 MW to 2 GW to address stresses to the grid from the rapid

    9%

  6. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    +’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct

    9%

  7. Government seeking to tie up loose ends before summer break
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The government is hoping to make use of the last few days of parliamentary activity before the summer recess to pass several bills, while a shake-up of the general secretaries at a range of ministries is also expected in the coming days. Parliament is expected to sit until August 2, before MPs

    9%

  8. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period

    9%

  9. June unemployment rate at 9.6 pct as seasonality favours labour market
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 9 percent in June 2023. Youth unemployment dropped by 2 pps year-on-year to 22.5 percent, while

    9%

  10. Central govt debt rises by 1.5 bln in Q2, to 407 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q2 debt movements reflect a rise of nearly 2 billion euros in bonds and higher repos by roughly of 1.5 billion euros

    9%