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Newsletter 436 - 11/10/2024
, which was initially targeted at 2.1 pct of GDP and now is seen reaching 2.4 pct of GDP, from 1.9 pct
7% -
Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomywas initially targeted at 2.1 pct of GDP and now is seen reaching 2.4 pct of GDP, from 1.9 pct in 2023
7% -
Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
EconomyMacroeconomyis now up by circa 13 points. Overall, Greece’s economic sentiment (ESI) bounced back in September
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Rivalry between New Democracy and PASOK set for revival
PoliticsGreek PoliticsIn Parliament this week, Prime Minister Kyriakos Mitsotakis made it clear that he feels PASOK is now his main political adversary – a judgement that was backed up by a new opinion poll published on Thursday which showed that support for the socialists has increased by almost four points since
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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsremains ahead of the pack with 27.6 pct of voting intentions, ahead of PASOK, which has now edged up
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Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
EconomyMacroeconomysales and volumes have now decreased annually for five months in 2024. On a monthly basis
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Clash with seasonal firefighters and new wiretapping report reopen old wounds for ND
PoliticsGreek Politics, and this number has now risen to 14,700 and is due to reach 15,500 by next year. This does not include some
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Trump win emboldens Mitsotakis critics as Athens ponders implications of surprise result
PoliticsGreek Politicshigh electricity prices, as well as more robust common defence policy. These subjects will now
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Industrial production growth slows to 2.4 pct YoY in Sep, led by manufacturing rise
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in September growing by 2.5 percent year-on-year (YoY), after a 3.3 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index now has just one negative reading, in March this year
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PM makes first direct contact with Trump, hoping to keep US-Greek relationship special
PoliticsGreek Politicsthe longstanding, and now strategic, ties between the US and Greece. He also made it clear that he
7%