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  1. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6 pct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct

    3%

  2. Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
    Photo by MacroPolis

    EconomyMacroeconomy

    , partially offset by 7.2 percent in electricity supply. According to the European Commission’s latest

    3%

  3. ND moves to squeeze votes out of fringe parties, aided by infighting
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    New Democracy’s lead going into repeat elections in June appears unassailable, but the party is determined not to leave anything to chance. Rumbles of discontent among smaller parties could well redistribute the vote in a way which further strengthens the leaders in the race. The latest poll

    3%

  4. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data reflects the ongoing improvements in the jobs market in Greece since 2019, and the continued recovery

    3%

  5. Migrant boat tragedy forces temporary halt on election campaigning
    Photo by MacroPolis

    PoliticsGreek Politics

    Parliament based on the latest opinion polls. While they are unlikely to pose a grave threat to ND’s

    3%

  6. Wages index grows by 5.5 pct in Q1, slows from previous quarter
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    the latest revisions, wages have been growing now for four consecutive quarters. On a quarterly basis

    3%

  7. Growth of property prices picks up pace in Q1 with 14.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece remained on a strong trajectory in Q1 2023, increasing by 14.5 percent year-on-year (YoY) from an upwards revised 13.5 percent in Q4 2022, Bank of Greece (BoG) data released on Monday showed. The latest figure surpassed last month’s highest

    3%

  8. ND lead unabated in face of last-minute disputes over migrant boat sinking, minority votes
    Photo by MacroPolis

    PoliticsGreek Politics

    In the final stretch to the ballot, New Democracy leads more confidently than ever in opinion polls, despite the ongoing controversies surrounding the deadly sinking of a migrant ship and allegations of Turkish interference in Thrace. The latest poll carried out by Rass for Action 24 gives ND

    3%

  9. Opposition parties jostle for position in post-election political landscape
    Image: www.syriza.gr

    PoliticsGreek Politics

    of the conservatives’ promises on the economic front were not costed in the latest Stability Programme submitted

    3%

  10. Newsletter 386 - 23/06/2023

    Newsletters

    stable in the coming years. The OECD in its latest outlook sees the current account deficit at 9.5

    3%