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  1. CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in 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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  2. Mitsotakis takes first step in remoulding New Democracy
    Photo via @neadimokratia

    PoliticsGreek Politics

    and the adoption of the Israeli model for cultivating innovation. The conservative chief also... civil servants’ performances, speeding up the implementation of e-justice throughout the justice system, allowing museums to adopt the self-management model used by the Acropolis Museum, allowing public

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  3. Progress seen after Brussels talks but review conclusion still out of reach
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    three years. This has not been confirmed. With regards to the measures to open up the energy market... if the text did not make reference to the European social model and labour rights. Athens likely thought this might put more pressure on its European lenders to force the International Monetary Fund to let up

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  4. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    and makes proposals that would free up the country’s potential to accelerate growth. The economy... of the state and companies, impacting the growth prospects. The challenging fiscal path up to 2023... out a set of policies that will transition Greece towards a “sustainable, extroverted growth model led

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  5. EU deal appears promising for Greece, but success rides on efficient use of funds

    PoliticsGreek Politics

    of grants available. The breakdown for Greece will see Athens having access to up to 38 billion euros from... said that the target is to use these funds to overhaul Greece’s “production model.” All member states... as being high up on his agenda. The final amount available to Greece and the fact that there was no major

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  6. Athens assessing lay of land as Cyprus talks approach and UK seeks new role
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    . The clock is ticking down to the March EU Council for which Athens needs to draw up a specific strategy... of a confederation as a more flexible alternative to the model of “two-states solution”. The Turkish side... the president on the island will only have ceremonial power. It is not clear how this model will work

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  7. Left pulls together against ND's labour reform bill

    PoliticsGreek Politics

    and leading a “race to the bottom” in workplace protection and earnings. The contrast drawn up.... “We must decide whether we want a growth model based on research, innovation and well-paid work... and earnings. The contrast drawn up between the two sides was illustrated by SYRIZA press spokesman

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  8. Drop in CPI eased in Feb but Greece still firmly in deflation territory
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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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  9. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in January retreating by 35.3 percent, following a 29.6 percent drop in December, according... Ellada and South Aegean recorded the slowest decline at 20 percent. The rate of drop in the Attica... of building permits in 2013 stood at just 16,400 from 65,500 in 2008, implying a 75 percent drop

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  10. Bigger drop for Greek industrial production, which fell by 5.7 pct in August

    EconomyMacroeconomy

    drop in July, according to the Hellenic Statistical Authority (ELSTAT). August’s is the seventh... of the four sub-indices posted a drop in August with electricity production (down 18.1 percent), mining... period, industrial production fell by 2.8 percent, mainly due to a double-digit drop in electricity

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