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Trade deficit rises by 7 pct in November
EconomyMacroeconomyGreece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit came to 1.61 billion euros for the month. Imports came to 4.32 billion euros, showing
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Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
EconomyMacroeconomyby geography showed that imports from EU countries fell by 7 percent, while those from non-EU countries
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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
EconomyMacroeconomyHousehold disposable income increased by 7 percent year-on-year in the second quarter (Q2), from 5.1 percent in the first quarter (Q1) of 2021, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 33.04 billion euros, from 30.89 billion euros a year
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Economy, with the figure in the adverse case pushing even higher to 7 pct. De-escalation is expected in 2023, assuming
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Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued recording gains in July, rising by 7 percent year-on-year (YoY), after an upwards revised 8.9 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has now grown in five out of the first seven
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
EconomyMacroeconomyThe growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index also rose by 4.5 percent YoY, from a 4.7 percent increase
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Greece positions itself as a pillar of European and NATO security
PoliticsForeign Policyof the European debate lies Article 42(7) of the Treaty on European Union (the mutual defence clause), which... facto, if not de jure activation of Article 42(7), the mutual assistance clause of the EU.” But even....” In a post on X, Whitaker hailed Greece as a “steadfast NATO ally,” offering “premier naval facilities
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Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
EconomyMacroeconomyare the lowest unemployment rate Greece has had since the spring of 2010, when it stood at 12
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Newsletter 417 - 22/03/2024
project, which was not completed when the Tempe crash occurred just over 12 months ago. On Wednesday..., the main reason why they did not expect another upgrade so soon, as the stable outlook requires 12 to 18... by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several
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Government treads carefully on Trump, looks for positives in EU defence spending tweak
PoliticsGreek Politicsdid not comment on the X post by Health Minister Adonis Georgiadis in which he described Vance’s... across the board tariff on EU goods will make Greek products 7 pct more expensive in the US, which
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