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  1. Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue

    PoliticsForeign Policy

    during the year and firstly, the meeting of the two leaders, Mitsotakis and Erdogan, on the sidelines... the moratorium in the Aegean - which effectively is to end this Friday – by the end of the year. That means... during the talks already scheduled to take place by the end of the year i.e. the confidence building

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  2. Travel balance to July soars by 19 pct, reaching almost 9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , up roughly 15 percent year-on-year. Travel payments rose by 36 percent to 261.4 million euros... period versus roughly 633 euros last year. Receipts from the EU27 came to 5.65 billion euros, while... showed a rise of 22 percent in 2023 and came to 16.17 million visitors. For the same period last year

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  3. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    . Sentiment had been improving in nine of the last 10 months, essentially since October last year.... The indicator had signs of recovery from the previous low of -57.9 of October last year, and is some... October last year, industry confidence has risen by 4 points. The services index was essentially

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  4. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    of GDP by the end of the year, a substantial improvement from the 189 pct of 2020, although... by 2.5 pct this year and remain above 2 pct up to 2026, with 2.4 pct growth expected next year... to a consideration of a downgrade. The cycle of this year’s rating reviews will be concluded with Fitch

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  5. Economic sentiment continues slide in Oct, consumer confidence low

    EconomyMacroeconomy

    . Sentiment had been improving since October last year, however it has now recorded back-to-back declines... last year and is some distance one again from the -7.8 points of pre-pandemic. The Employment... in the previous month. Since November last year, industry confidence is down by -0.5 points

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  6. Newsletter 402 - 17/11/2023

    Newsletters

    again from next year, the Greek government has probably realised that this will be the last... signals as the headline number more than doubled year-on-year in October, rising by 3.4 pct, from 1.6... effect as last year prices during the same period grew by close to 40 pct. What is even more

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  7. Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
    Athens Airport metro

    EconomyMacroeconomy

    euros in 2022, up by 14.6 percent year-on-year. Travel payments rose by 32.2 percent to 230.3... in the aggregate period versus 643 euros last year. Receipts from the EU27 came to 9.98 billion euros... last year, there were 23.67 million travellers.

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  8. Economic sentiment stable in Nov, consumer confidence slides further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Sentiment had been improving since October last year, however it has now recorded back-to-back declines... of -57.9 of October last year and is some distance once again from the -7.8 points of pre-pandemic... in November. Since December last year, industry confidence is down by almost 4 points. The services index

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  9. Nov headline CPI at 3 pct, food price inflation three times higher
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) growth dropped marginally in November, with a 3 pct rise year-on-year (YoY), after more than doubling to 3.4 pct in October, according to the data released... YoY, near last year’s high, with the wave of inflation in full swing though gradually moderating

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  10. Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) jumped in October, growing by 10.5 percent year-on-year... in November. Since December last year, industry confidence is down by almost 4 points. In addition.... The conditions in the Greek manufacturing sector have been improving for nearly one year, reaching 10

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