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  1. New measures yet to deliver poll bump for ND as SYRIZA sinks further
    Image: MacroPolis

    PoliticsGreek Politics

    a difficult summer for the government. SYRIZA sinking Despite the discouraging data in the poll for the PM

    2%
  2. Credit rating reviews highlight pressure points in economy
    Photo by MacroPolis

    Economy

    to improve conditions is also complicated by the latest inflation data for the eurozone released

    2%
  3. Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 3.76 billion euros in July, compared to 2.86 billion euros in June, according to data released by the Bank of Greece (BoG) on Monday. July's balance was 5 percent lower than the 3.95 billion euros recorded in July 2023. In July 2022, the balance

    2%
  4. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. Up to August, the budget primary balance

    2%
  5. Diffuse support fuels speculation about change to electoral law

    PoliticsGreek Politics

    between 2.5 and 4 pct. When the data is extrapolated into an election scenario, ND is seen getting

    2%
  6. Building activity remains in contraction for June with 1.7 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity remained in contraction in June, with a moderate drop of 1.7 percent year-on-year (YoY), after a sharp drop of 19.6 percent in May, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in June reached 2,418, from

    2%
  7. Retail sales drop by 0.2 pct YoY in July as fuel leads slide
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales saw a marginal drop of 0.2 percent year-on-year (YoY) in July, after an increase of 7.5 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also experienced a decline in the form of a 2.8 percent YoY drop. Retail sales

    2%
  8. Energy pushes producer prices down by 2.4 pct YoY in Aug
    Image: https://www.flickr.com/photos/worldbank/

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) went back into contraction in August, dropping by 2.4 percent year-on-year (YoY), after a marginal rise of 0.1 percent in July, ELSTAT data showed on Monday. With the exception of last month’s first positive reading since February 2023, producer prices have been

    2%
  9. PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year

    EconomyMacroeconomy

    Greece’s Manufacturing PMI continued to moderate further in September, dropping to just a whisker above the growth threshold to 50.3 points, from 52.9 points in August, according to S&P Global data released on Tuesday. The conditions in the Greek manufacturing sector have been improving since

    2%
  10. Aug hiring balance improves annually, 8M up by 18,350 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance improved year-on-year in August, with 5,081 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year saw 15,826 more departures, leading to a year-on-year improvement of 10,745 more jobs

    2%