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  1. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    of the previous year’s income taxes, collected in instalments until the end of February 2024. Also, there was a better performance in the collection of the current year’s taxes, notably VAT. VAT revenues amounted... of the Ministry of Defence by 205 million Euros. Interest payments came to 1.2 billion euros. Last year

    5%

  2. PMI records further gains in Feb, sector confidence almost at two-year high
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    manufacturing sector have been improving for over a year, gaining more ground into the above 50 points..., with charge inflation the highest in a year. S&P notes that “input costs increased at a slightly softer pace... manufacturers increased at the sharpest rate in a year amid strong demand conditions and a more accommodative

    5%

  3. Import prices reach one year of contraction with 6.4 pct drop in Jan

    EconomyMacroeconomy

    Greece’s import price index stayed in contraction in January, falling by 6.4 percent year-on-year (YoY), after dropping by 8.7 percent in December, according to data released by the Hellenic... contracting since. The index peaked in April last year with a 39.1 percent rise. Month-on-month, the index

    5%

  4. Producer prices drop 1 pct in Apr, in contraction for over one year

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak

    5%

  5. Manufacturing continues to improve, but June PMI weakest of year
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    sector have been improving for more than a year, however June’s reading is the weakest in 2024. New... the year, as output and new orders were supported by sustained demand from new and existing customers... current forecast expecting industrial production to rise 3.2% in the year in 2024”, they concluded.

    5%

  6. OECD sees stable growth of 2.2 pct next year and persistent structural challenges
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    by 2.3 pct this year, 2.2 pct in 2025, and 2.5 pct in 2026, driven by rising disposable incomes.... Employment grew by 1.6 pct as of September 2024, while wages rose 8.6 pct year-on-year. However, labour

    5%

  7. All eyes on PM's choice for next president at start of New Year
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , particularly Greek Solution and Voice of Reason, have also enjoyed a good year as they have bolstered... of proposing a second five-year term for incumbent President Katerina Sakellaropoulou... that after a bruising 2024, the PM feels that he needs to regroup and approach the New Year with caution

    5%

  8. Trade deficit soared 27.4 pct in Sept, down 13.6 pct for year

    EconomyMacroeconomy

    changes are highly volatile and do not provide any safe guidance for the full year performance... SMP of 1.5 billion) stood at 1.05 billion from deficit of 2.81 billion in the same period last year

    5%

  9. Greek May CPI falls 2 pct in one of biggest drops for more than a year

    EconomyMacroeconomy

    to a second deflationary year in 2014, yet at slightly lower to 2013 levels. Marginal inflation of 0.3 percent is estimated for next year. In contrast, the OECD estimates constant deflation at around

    5%

  10. Moody's sees 1.2 pct growth in Greece next year but highlights political risk

    Economy

    of the year against a backdrop of delayed official sector disbursements. Commenting... to rebound 0.6 percent this year and further by 1.2 percent in 2015, less than the official sector

    5%