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  1. Under-fire PM pledges civil defence improvements following summer of destruction

    PoliticsGreek Politics

    in the future. The PM added that Greece would increase the tax on luxury accommodation, rising from 1

    2%

  2. Moody's ups GGB rating by two notches, on par with S&P and Fitch
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    now shifts to S&P on October 20 and Fitch on December 1, both of which have Greece one notch below

    2%

  3. Tension builds in SYRIZA leadership race as govt moves ahead with wage maturities
    Photo by MacroPolis

    PoliticsGreek Politics

    on January 1, along with another 300,000 workers whose collective contracts have tenure wage

    2%

  4. Industrial production stays in contraction for third successive month in Aug
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in electricity supply, partially offset by 1 pct drop in water supply. According to the European

    2%

  5. Newsletter 397 - 13/10/2023

    Newsletters

    in the eurozone, with Germany even contracting by 0.5 pct this year, France growing by just 1 pct and Italy

    2%

  6. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review

    2%

  7. Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
    Image: MacroPolis

    PoliticsGreek Politics

    of 50 pct +1 of central committee members to trigger a vote of no confidence. In the meantime, some

    2%

  8. Industrial production returns to growth of 2 pct in September
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    to a modest rise of 1 pct. Month-on-month (MoM), the seasonally adjusted index in September recorded

    2%

  9. Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of roughly 1 pps year-on-year. Youth unemployment dropped by 4.5 pps year-on-year to 23.7 percent, while

    2%

  10. Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    balance up to November showed a deficit of 1 billion euros, from a 5.65-billion-euro deficit

    2%