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  1. Mitsotakis targets inflation on path to elections in 2023
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    popularity than the pandemic. The 2 pct increase at the beginning of the year took the gross monthly... committed to his pledge to hold elections at the end of the government’s four-year term, he also indicated... be over the pandemic, I have no reservation in telling you that we will see out the four-year term

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  2. Greece aiming to complete post-bailout monitoring this summer
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to their jobs. Last year, heavy snowfall led to thousands of households in northern Athens being... of criticism as last year, allowing the conservatives to move on quickly once the temperature begins... this year. The summer will also mark the end of Greece’s enhanced surveillance by its European

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  3. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    the previous high in May, when it stood at -22.2 points. It was at -46.2 points in February last year, staying broadly unchanged over the last year. The Employment Expectations Indicator (EEI) came... 12-month period. Industry confidence increased by 5.7 points to 13.2. Since February last year

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  4. Building activity continues rising with 18.4 pct increase for permits in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of building permits issued in Greece continued rising in October last year, increasing by 18.4 percent year-on-year, following a rise of 11.2 percent in September, Hellenic Statistical... last year. During the first ten months of 2021, building permits rose by 25.9 percent. Total permits

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  5. Parties hone strategies ahead of confidence vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Covid, as well as in the case of last summer’s wildfires and the last snowstorm almost a year ago.... Late last year, for instance, it led an effort to launch a parliamentary inquiry into how... to see out his four-year term. KINAL’s recent opinion poll bounce may have made the option of early

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  6. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.3 percent year-on-year in December, from... of 3.7 pct growth in February this year. The net lending flow was positive by 1.81 billion euros... with the outstanding balance to 4.85 billion euros. For the whole year, the largest drop in loan balance came

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  7. Despite strong exports, trade deficit ends 2021 33.8 pct higher
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s trade deficit maintained its upward momentum in December, rising by 79 percent year-on-year, from a jump of 93.1 percent in November, according to data released by the Hellenic Statistical... of 17.4 percent compared with December last year. The latest figure is broadly in line with November

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  8. Govt unveils new round of energy subsidies as fiscal space narrows significantly
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    on the fiscal front has been taken up by the reduction in this year’s ENFIA property tax, announced by Prime... for the minimum wage, with another increase due later this year. Opposition pressure Despite... that due to the high cost of fuel and other products, there will be fewer crops this year

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  9. Central govt primary cash deficit narrows appreciably to 429 mln in Jan

    EconomyMacroeconomy

    last year. The breakdown showed that in January, revenues rose by roughly 100 million euros year-on-year (YoY) to 3.16 billion euros. Expenditure for January stayed broadly unchanged at 4.33 billion... million in January last year. The Finance Ministry released its own preliminary budget this week

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  10. Newsletter 328 - 18/02/2022

    Newsletters

    to the tourism industry. Mitsotakis suggested that this year’s tourism season will likely begin in March and that the revenues earned from visitors this year would be higher than in 2021. The premier’s... price index jumped by 6.2 pct year-on-year in January, after a rise of 5.1 pct that was recorded

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