Search
-
Industrial Production contracts 1.7 pct YoY in Mar as all components drop
EconomyMacroeconomyin mining. According to the European Commission’s latest business surveys for April, industry confidence
2% -
Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyOn Friday, Fitch became the latest leading rating agency to publish a rating review for Greece, keeping the rating unchanged at ‘BBB-‘, the first step of the investment grade, while the outlook was revised up from stable to positive. Fitch granted Greece the investment grade at the end of 2023
2% -
Opposition amps up criticism over Gaza stance and farming payments scandal
PoliticsGreek PoliticsThe government is facing intensifying criticism from opposition parties over its position on Gaza, as its latest actions on the global scene put it increasingly at odds with the mood in the Greek Parliament. The European prosecutor’s probe into agricultural payments has also been seized
2% -
Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomylatest business sentiment indicators for April showed that construction confidence dropped further
2% -
Unemployment hits 8.3 pct in Apr for newest low since 2008
EconomyMacroeconomyin the 25-74 years bracket was 7.7 percent. The latest available data from the Labour Ministry’s
2% -
Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
EconomyMacroeconomypercent drop in foods and non-food up by 3.4 percent. According to the latest business indicators
2% -
Scope leaves rating at 'BBB' and outlook unchanged at stable
EconomyScope Ratings completed the latest monitoring process for Greek government bonds (GGBs) and the agency decided to keep Greece’s rating at ‘BBB’ with a stable outlook. In December last year, Scope had moved GGBs one notch further into investment grade with an upgrade. The monitoring concludes
2% -
Deposits slide by 795 mln in Apr, dropping to 198.37 bln
EconomyMacroeconomyThe contraction in the Greek banking system’s private sector deposits resumed in April, with a net decrease of 795 million euros, after a 2.41-billion-euro rise in March, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in April was 4.2 percent year on year
2% -
Clarity over fiscal space allows PM to prepare next relief package
PoliticsGreek Politicsfor a similar effect in September, when he unfurls the latest set of measures in Thessaloniki. Opinion poll
2% -
Electricity drives drop of 4.3 pct YoY in Apr industrial production
EconomyMacroeconomyto the European Commission’s latest business surveys for May, industry confidence stayed in positive
2%