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Import price index up by 24.2 pct in Sep, as energy rises 48.6 pct
EconomyMacroeconomyGreece’s import price index slowed down its pace in September, rising by 24.2 percent year-on-year... last year at 23.6 percent. Month-on-month, the index posted a drop of 2.2 percent. It has been... monthly drop of 2.4 percent. It has experienced four monthly drops this year.
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Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
EconomyMacroeconomyquarter of the year to 393.49 billion euros, after falling by 365 million to 394.18 billion euros... being repaid this year and the authorities have secured the sign off by the official creditors to pre-pay the two coming years of the GLF loans, expected to take place by the end of the year
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In full campaign mode, PM ventures forth to rally support
PoliticsGreek Politicsto warn voters to disregard the criticism of his government and to back his New Democracy party next year... to be the first of at least two ballots next year. In Patras, he spoke of the “devious trap” created... option for Greece to remain a stable country is for a single-party government to be elected next year: 47
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomy, compared to a deficit of 7.18 billion euros during the same period last year, according to the final... the final budget for the next year is submitted, the targets for the running year are revised. This means... on target. Last year, interest payments were 4.55 billion euros. Pandemic-related spending for the period
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Property price rise accelerates in Q3 with 11.2 pct increase
EconomyMacroeconomyThe increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank... was 7.6 percent, from 4.5 percent observed in 2020, despite the first year of the pandemic. In 2019
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SYRIZA gears up for looming elections as poll gap narrows
PoliticsGreek Politics. February has been mentioned as one possibility if the PM decides to cut his four-year term a little short... surveys suggesting that New Democracy is struggling to generate any momentum going into next year’s... three years later. Until last year, under a freedom of information process, Greeks could find out
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Trade deficit worst since 2008 as 10M figure sees 63.2 pct rise
EconomyMacroeconomyGreece’s trade deficit jumped by 70.5 percent year-on-year (YoY) in October after a 70.4 percent... 4.76 billion euros. This is an increase of 28.3 percent compared with October last year. One needs... YoY in October, to 2.24 billion euros. The aggregate figure for the ten months of the year showed
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Report on minister's surveillance ups ante for ND, as PASOK reels from MEP's arrest
PoliticsGreek Politicsthat Hatzidakis was under surveillance for around a year. The newspaper published transcripts of recorded... Economou responded by saying that Mitsotakis’s reaction to the revelation earlier this year that EYP... is trying to share on the path to next year’s elections. ND is banking on the Greek public being
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Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
EconomyMacroeconomyto a deficit of 7.89 billion euros in the same period last year, according to the preliminary Finance... the final budget for the next year is submitted, the targets for the running year are revised. This means... months came to 4.59 billion euros, above target by 42 million euros. Last year, interest payments
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PM turns on PASOK, sees opportunity to revive dwindling support
PoliticsGreek Politicsnot to back the socialists in next year’s elections, as a new opinion poll shows support... ND into opposition so a progressive government could be formed next year. Mistotakis said... Androulakis became its leader last year are ideologically closer to ND than they are to SYRIZA. Creating
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