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Tsipras resignation opens up debate about SYRIZA's future
PoliticsGreek PoliticsSYRIZA’s share of the vote drop from 31.5 pct in July 2019 to 17.8 pct on June 25. Although... be split up to allow a new leader to be picked at the earliest juncture, with the conference... results, opening up the possibility of a much broader political crisis.
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PM prepares to set out policy agenda, SYRIZA gears up for leadership vote
PoliticsGreek Politics, with a final 0.6 percentage point drop by the end of the year. This will take the reduction... of candidates has drawn more attention to SYRIZA’s leadership vote, which may end up benefitting the party... of the hopefuls. In fact, there is speculation that Tsakalotos is simply standing to help shore up
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Pace of credit growth picks up in Nov, at 2.8 pct, led by loans to insurance companies
EconomyMacroeconomyThe credit expansion in the Greek private sector slightly picked up pace in November, rising by 2.8 percent year-on-year (YoY), up from 2.1 percent in October, Bank of Greece (BoG) figures released... in October. The corporate lending balance’s net monthly flow was positive by 777 million euros, after a drop
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Growth in vehicle sales remains subdued in June, H1 up by 6.5 pct YoY
EconomyMacroeconomy) in June, after a drop of 0.8 percent in May, according to Hellenic Statistical Authority (ELSTAT... percent annually and used cars had a decrease of 7.4 percent. The remainder was made up of lorries (2,713... annually. Passenger cars were up by 7.5 percent, lorries decreased by 3.2 percent and buses rose
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Building activity rises by 10.5 pct YoY in Aug, up 19.5 pct in 8M
EconomyMacroeconomyrecorded in Western Macedonia with 47.6 percent. The largest drop was in Central Greece with 17.1 percent... were up by 19.5 percent YoY to 20,508. The corresponding surface area was up by 20 percent while
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Industrial production ends 2024 in growth, up 5.2 pct in full year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up pace in December with a 5.8 percent year... the whole year 2024 was up by 5.2 percent. The annual movement in the index reflects a 16.4 percent... partially offset by a drop of 4.3 percent in mining. The monthly movement was led by increases of 7.2
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Building activity ended 2024 strongly, permits up 14.9 pct in 2024
EconomyMacroeconomyrecorded in Western Macedonia with 41.1 percent. The largest drop was in Central Greece with 19.2... up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent while
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Producer prices pick up pace by 2.1 pct YoY in Mar
EconomyMacroeconomy), the index was down by 0.2 percent, from a minor drop of 0.1 percent in the previous month. Over... by 5.2 percent YoY, intermediate goods increased by 3.7 percent, capital goods were up by 2.7 percent, durables up by 4.3 percent and non-durable consumer goods decreased by 0.4 percent.
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
EconomyMacroeconomyin the previous month. In July 2024, the CPI was up by 2.7 percent YoY. The highest annual increase... by 2 percent. Education was up by 2.6 percent. Housing costs also increased by 6.6 percent mainly due... with a drop of 1.1 percent YoY. After moderating for nearly three quarters below the headline CPI
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Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5..., the CPI eased 1.3 percent mainly on the back of an 18.8 percent drop in clothing and footwear prices... by deflation most. The showed a drop in prices ranging from 3.4 to 4.1 percent. The second group
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