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  1. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek authorities submitted to Brussels last week the updated Stability Programme for the 2022-2025 period, in which the impact of the cost-of-living crisis and the fallout from the conflict in Ukraine are reflected. Real GDP growth is now revised down to 3.1 pct for this year, from the 4.5 pct

    4%

  2. SYRIZA on front foot over energy prices as poll gap narrows further
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    calculated as a percentage of valid votes, stands at 30.6 pct, down half a point on a month earlier

    4%

  3. PM sets out path to next elections as PASOK restores traditional name

    PoliticsGreek Politics

    conference, which is due to be held on May 20 to 22. Although down on the roughly 270,000 people who took

    4%

  4. Growth in car sales eases to 1.9 pct in Apr as new purchases drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 1.9 percent year-on-year (YoY) in April, slowing down from the growth of 7.6 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2021, the year-on-year change

    4%

  5. Newsletter 337 - 13/05/2022

    Newsletters

    by 2.4 pct and investment spending to rise by 9.8 pct even though GDP growth has been revised down

    4%

  6. Tourism jobs deliver highest April hiring balance on record at 124,365
    Photo by MacroPolis

    EconomyMacroeconomy

    with 40,894 more hires. Broken down by employment activity, accommodation jobs dominated with 61,575

    4%

  7. Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets

    PoliticsGreek Politics

    . On Wednesday there were 161 serious cases in ICUs, down from 238 at the start of the month, and 19 deaths.

    4%

  8. Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise

    EconomyMacroeconomy

    , industry confidence is down by 2.2 points. Overall, Greece’s economic sentiment (ESI) dropped sharply

    4%

  9. Speculation about snap polls after summer revived by PM's US trip

    PoliticsGreek Politics

    trip to Washington has largely gone down well in Greece, it is doubtful whether this will have much

    4%

  10. NBG profits narrow to 208 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 208 million euros from continued operations in Q1 2022, compared to a profit of 583 million euros in the same quarter of 2021, a drop of 64 pct. Pre-provision income (PPI) stood at 301 million euros, down by 55 pct on the 662 million

    4%