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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyon the Greek side since the contractor missed the deadline to deliver it by the end of 2021. The Greek
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Investigations into voter email leak continue despite denials from government
PoliticsGreek Politicsof Singular Logic, the technology contractor in charge of voting systems. At the same time, an Athens
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policystipulates that “involvement of the contractor or subcontractor in the common procurement does
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French entry into cable project reframed as geopolitical win amid recycling tenders scrutiny
PoliticsGreek Politicsthe earlier participation of Nexans as contractor, nor the Greek-French defence agreement, nor EU
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
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Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 17.6 percent in April from an upward revised rate of 18.2 percent in March, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate...
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyCredit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance came to 160.33 billion from 161.24 billion in the previous month. T...
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Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 7.8 percent year-on-year (YoY) in July, slowing down from the 8.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. IPI has been recovering consistently since Nov...
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Retail sales jump 13.3 pct in Jul to extend growth period to four months
EconomyMacroeconomyGreece’s retail sales growth accelerated in July, rising by 13.3 percent year-on-year (YoY), from an upwards revised 12.2 percent in June, Hellenic Statistical Authority data showed on Thursday. Retail sales have been growing continuously since April, a...
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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros, compared to a deficit of 9.06 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released o...
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