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Final budget execution for Dec confirms primary deficit beat target by 1.85 bln
EconomyMacroeconomyThe budget primary balance for the year 2022 came to a deficit of 6.65 billion euros, compared to a deficit of 10.33 billion euros during 2021, according to the final Finance Ministry (MoF) budget execution data for December released on Wednesday. The primary balance beat the latest target by 1.85
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Seeking showdown in Parliament, SYRIZA tables censure motion over surveillance report
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras triggered a censure debate in Parliament on Wednesday after submitting evidence on the surveillance of senior officials by the intelligence service EYP. The move is the latest bid by the opposition to confront Prime Minister Kyriakos Mitsotakis on the subject, following
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Loans grow by 6.3 pct in Dec, highest since 2009
EconomyMacroeconomyexpansions slowed down in following months before resuming an upwards trend at the end of 2021. The latest
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Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
EconomyMacroeconomyto the latest business indicators for January, Greece’s confidence stayed unchanged at -47.9 points
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Tsipras positions SYRIZA as defender of democratic institutions amid row over police corruption
PoliticsGreek Politicsthe “derailment” of institutions and has called for his resignation. With this latest move, Tsipras
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Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
EconomyMacroeconomylast September. S&P says that the latest data point to signs of stabilisation of production for Greek
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Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
EconomyMacroeconomy-on-year to 28.9 percent, while the rate in the 25-74 years bracket was 10.7 percent. The latest available
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Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
EconomyMacroeconomyInterest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday. The average of new loans
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Newsletter 369 - 10/02/2023
for the senior tranches. The latest guidance by Eurostat is seen as slightly watered down from its
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Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
EconomyMacroeconomyto the European Commission’s latest business surveys for January, industry confidence recovered further
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