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Newsletter 413 - 23/02/2024
producers descend on Athens, but clashed with the opposition over its reforms to the criminal justice code... and actively seek out cheaper products. This loss of purchasing power exacerbates the low overall
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Building on flurry of policy pledges, Mitsotakis vows to back research and innovation
PoliticsGreek Politicscivilian applications. By channelling basic research into marketable products, ELKAK aims... of the economy long dominated by legacy arms producers. Bolstering entrepreneurship runs in parallel
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Government's ongoing stand-off with livestock breeders heralds resurgence of farming protests
PoliticsGreek Politicsthat vaccination would damage the export potential of premium products such as feta cheese and has.... Producers suspended their blockades in January after being promised more support measures
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Is the Greek coalition about to cry over fresh milk?
PoliticsGreek Politicsdo not have access to “fresh” milk and small producers in the north of Greece cannot reach large... will mean local producers will not be able to compete with cheaper imports. The government only holds 153
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyproducers heading south unabated in twenty of the last 21 months. In contrast, the input costs increased... both domestic and international markets, continued to take its toll on goods producers and remains
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Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
EconomyMacroeconomydecline in new business from abroad for the fifth straight month. As a result, producers reduced... of new business led goods producers to work through their backlogs of work, while the staff number
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PMI at 53.7 in Jan as manufacturers remain confident for year ahead
EconomyMacroeconomy. Productions among goods producers rose strongly in January at a rate that matched the high seen in March.... Meanwhile, after a stretch of price increases for goods producers, prices rose at the slowest pace since
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammebenefits pensioners, followed by consumers and producers of goods following the VAT reductions... unchanged, the benefit will go to the profit margins of producers. The expansionary measures
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Government acts to prevent energy price shock in move critics say comes too late
PoliticsGreek PoliticsFollowing days of speculation, the government is bringing back an emergency levy on electricity producers in a bid to pre-empt skyrocketing bills in August. The measure applies to electricity producers who use natural gas. They will be taxed on windfall profits for the months of July and August
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Farmers dig in as clashes and political tension escalate
PoliticsGreek Politicsas a bureaucratic manoeuvre that leaves producers waiting. The government insists that this year’s overall support package will exceed last year’s, and that “honest producers” will ultimately receive
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