Search
-
EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomyThe European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022. In the autumn, the Commission expected the Greek economy to grow by 6 pct in 2022
2% -
PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicsto resume. SYRIZA has charged New Democracy with failing to protect indebted households. The latest policy
2% -
Machinations intensify as announcement of election date approaches
PoliticsGreek Politicsthe opposition party. The PM’s comment is the latest sign that ND feels confident enough about this issue
2% -
Survey highlights households struggling with cost of living, delivers worst outlook since 2019
EconomyThe effects of the cost-of-living crisis in Greece were summed up in another business association survey as the Hellenic Confederation of Professionals, Craftsmen, and Merchants (GSEVEE) published its latest household income and budget survey for 2022. The survey captures the full impact
2% -
PM hails uptake of food voucher scheme amid growing evidence of hardship
PoliticsGreek PoliticsNew Democracy continues to roll out support measures in the run-up to spring elections, with the launch of the so-called “Market Pass” hailed by the prime minister as the latest in a string of government initiatives to tackle the cost-of-living crisis. The scheme covers up to 10 pct of the amount
2% -
Growth of retail sales slows to 8.8 pct in Dec amid decline in volume of food sold
EconomyMacroeconomypercent. According to the latest business indicators for February, January’s consumer confidence
2% -
Moment of reckoning for SYRIZA as firebrand MP threatened with deselection
PoliticsGreek Politicsand the local stage for the past decade. This is the latest blow for the opposition party after former
2% -
Deposits drop by 4.5 bln in Jan, reversing previous month's marked increase
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system dropped by 4.5 billion euros in January, reversing December’s impressive rise, when it jumped by 5 billion euros, based on the latest Bank of Greece (BoG) figures released on Tuesday. December is traditionally a month of solid
2% -
Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative
EconomyMacroeconomy. The latest high was 6 percent in September 2022 and December’s growth was the highest since the summer
2% -
Train tragedy prompts urgent questions about railway safety
PoliticsGreek Politicsare not an unusual occurrence in Greece, the extent and devastating nature of this latest accident shook
2%