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  1. Building activity down 15.2 pct in Feb for sharpest drop since 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    is up by 0.8 percent while volume is also higher by 3.6 percent. The European Commission’s latest

    2%

  2. ND aims to see off threat from right, with focus on fringe religious party

    PoliticsGreek Politics

    , ND strategists appear to have been blindsided by this latest development. The party’s share

    2%

  3. Private sector deposits almost unchanged in Apr, household savings up by 1.13 bln
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system was essentially unchanged in April, falling by just 15 million euros, after a rise of 2.32 billion euros in March, based on the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in April was 3.7 percent

    2%

  4. March sees first retail sales fall for two years, volumes show consumption diving
    Photo by MacroPolis

    EconomyMacroeconomy

    and non-food up by just 0.1 percent. According to the latest business indicators for May, consumer

    2%

  5. Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment

    2%

  6. Opinion poll offers Mitsotakis encouragement in quest for majority
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    The latest opinion poll to be published since the May 21 elections has provided New Democracy with further encouragement that it is on the right track and that a parliamentary majority is in sight on June 25. According to the Metron Analysis survey for Mega TV, 35.8 pct of respondents intend

    2%

  7. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6 pct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct

    2%

  8. Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
    Photo by MacroPolis

    EconomyMacroeconomy

    , partially offset by 7.2 percent in electricity supply. According to the European Commission’s latest

    2%

  9. ND moves to squeeze votes out of fringe parties, aided by infighting
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    New Democracy’s lead going into repeat elections in June appears unassailable, but the party is determined not to leave anything to chance. Rumbles of discontent among smaller parties could well redistribute the vote in a way which further strengthens the leaders in the race. The latest poll

    2%

  10. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data reflects the ongoing improvements in the jobs market in Greece since 2019, and the continued recovery

    2%