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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter... and services were up by 2.2 percent. Compared to Q2 2023, all components recovered. Final consumption... that was published in June, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, a slight revision
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Human Rights Commissioner calls for improvements to battered healthcare system
SocietyA report by the Commissioner for Human Rights of the Council of Europe has shown the severe impact of the country’s crisis on Greece’s healthcare sector as well as the health of Greeks. The report... to accessing healthcare in practice and greater investment in ensuring that the human rights of disabled
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Newsletter 278 -14/12/2020
vaccine and 3.5 million of the jab developed by Moderna. Kikilias said the vaccines will be stored... half of respondents indicating that they will either not get the jab or will wait a few months before... employed amounted to 3.9 million. The employment rate increased by 2.2 percent compared to the previous
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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Greek pensions laid bare
Agora), a figure which is almost half the 1.1 billion that was spent in 2013. The Manpower Employment Agency... reduced from the 1.4 billion of 2013 still required 1.1 billion last year. The state’s contribution... pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly
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Industrial production rises by 1.1 pct in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.1 percent in March after a revised decline... in the mining and quarrying production index (-10.2 percent), the water supply production index (-2.2 percent) and the manufacturing production index (-1.1 percent). Three out of the five main industrial
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday... by electricity down by 6.5 percent, pharmaceuticals up by 2.2 percent and electrical equipment up by 2.3
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingcontracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek...) ratio fell by 2.2 pps QoQ to 13.6 percent in Q4 from 15.8 percent in Q3, primarily reflecting the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent... of consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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