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  1. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last se...

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  2. Fitch takes no rating action as fiscal continuity remains crucial to investment grade
    Photo by MacroPolis

    EconomyMacroeconomy

    Fitch took no action on Friday regarding Greece’s rating, re-affirming the country’s ‘BB+’ and keeping the outlook stable. Buoyed by New Democracy’s landslide win in the June 25 elections, some commentators in Greece were anticipating a possible upgrade...

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  3. PM takes central role as fires continue to rage
    Image: https://civilprotection.gov.gr/

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis is trying to put himself front and centre in the government’s response to the ongoing wildfires as questions are being asked again about the level of preparedness for the current fire season and the resources available...

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  4. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a 0.7-point rise in August, after a 1-point increase in July, according to European Commission figures released on Wednesday. Sentiment has been improving in nine of the last 10 months, essentially since Octobe...

    14%

  5. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points, after a 0.7-point increase in August, according to European Commission figures released on Thursday. Sentiment had been improving in nine of the last 10 mon...

    14%

  6. Another strong rise for building activity in Mar takes Q1 to 42 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    The strong start to the year for building activity continued in March, with a rise of 39.8 percent year-on-year (YoY), after a 77.8 percent increase in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The...

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  7. PASOK edges into second place as leadership contest takes shape
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    As PASOK celebrates its 50th anniversary, the second opinion published in a few days suggests that it has overtaken SYRIZA to become the main opposition to New Democracy, which has seen its support dwindle over the summer. Although the social democrats ...

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  8. ND and SYRIZA continue to slide as voter dissatisfaction takes hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The latest polling figures confirm the shifts that have taken place in the political landscape since June’s EP elections, with New Democracy losing its grip on an absolute majority, SYRIZA ceding second place to PASOK and right-wing parties on the ascen...

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  9. Fitch takes no rating action, leaves outlook stable
    Image: MacroPolis

    Economy

    In Greece’s latest rating review on Friday, Fitch took no action and left the country’s grade unchanged at ‘BBB-‘, with the outlook also remaining stable. This was the penultimate rating review of the year, with the cycle to be concluded by Scope Rating...

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  10. Scope takes Greece a step further into investment grade territory with 'BBB' rating
    Photo by MacroPolis

    EconomyMacroeconomy

    Scope Ratings completed the annual cycle of rating reviews for Greece with a positive move as it granted the first upgrade of the year and is the only agency that has moved Greece’s rating one step further into the investment grade territory. Scope uppe...

    14%