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  1. Newsletter 350 - 09/09/2022

    Newsletters

    . Another option is to lower the threshold for winning a majority. Under ND’s electoral law, the winning

    4%

  2. Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop

    EconomyMacroeconomy

    , attributed to lower new order inflows and weak client demand.

    4%

  3. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    by 2.3 percent compared with the previous quarter and lower by 4.3 percent compared to the same quarter

    4%

  4. Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
    Finance Ministry

    EconomyMacroeconomy

    of revenues from workers’ lower insurance contributions. A similar grant to EFKA of 150 million

    4%

  5. Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

    Economy

    on the back of weaker disposable income because of inflation and lower investment as rates will rise

    4%

  6. Yields rise, but Greek debt still partly shielded from market headwinds
    Photo by MacroPolis

    Economy

    and households will reduce spending as disposable incomes are affected by lower spending power and the energy

    4%

  7. Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros to cover loss of revenues from workers’ lower insurance contributions. A similar grant

    4%

  8. Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY

    EconomyMacroeconomy

    is lower by 11.2 percent while volume is also down by 2.5 percent. This is a much more modest construction

    4%

  9. Rising contributions spark concern in key voter groups
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Apart from turning a primary deficit into a surplus in what is expected to be a low-growth environment next year, the government is also facing another challenging balancing act as it will have raise social security contributions for the self-employed despite pledging lower levies for employers

    4%

  10. Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
    Photo by MacroPolis

    EconomyMacroeconomy

    to September. Over the rolling 12-month period, the ESI is now lower than October last year, when

    4%