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PM makes new bid to address Covid wave, speculation about restrictions
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis was due to return on Thursday to a communications tactic he used regularly during the early days of the pandemic – the televised address – in a bid to contain the latest Covid wave. Trailed for the last couple of days, the speech will reportedly provide a defence
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Industrial turnover continues recovery with 39.6 pct rise in Sep, led by sales abroad
EconomyMacroeconomyof 18.2 in March this year. September is the latest in a series of impressive readings that mark
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyAmidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek PoliticsThe latest enhanced surveillance report from the European Commission urged the Greek government to keep a close watch on the public sector payroll, which is once again growing at a significant pace. The comment comes as the Greek government announced a new wave of hires in the public sector, which
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Deposits growth slows to just 11 mln in Oct
EconomyMacroeconomyand sight deposits of 26.11 billion euros. The latest deposit movement took the aggregate balance
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Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
EconomyMacroeconomyto 87.6. November’s reading also surpassed the latest high noted in February 2020, the month before
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Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomymonth-on-month. The latest business indicators for November published by the European Commission showed
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Opposition renews attack on government over hospital capacity
PoliticsGreek Politicson the latest vaccination policies, despite pointing out inconsistencies, such the government’s
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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBankingThe progress made by Greece’s banks to clean up their balance sheets was reflected in the latest financial stability report published by the Bank of Greece (BoG) on Thursday. BoG also highlights the various challenges that credit institutions will need to address. Banks’ asset quality significantly
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Industrial production marks full year of recovery with 16.5 pct rise in Oct
EconomyMacroeconomyand quarrying. Water supply was up by 0.7 percent. According to the European Commission’s latest business
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