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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyGreece submitted on Tuesday to the European Commission the 2024 Stability Programme, making it the first official document in which the Greek authorities have revised down their initial growth outlook for the year. The macroeconomic assumptions in this year’s budget compiled by the Finance Ministry
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Party leaders crank up campaign machinery for EP elections
PoliticsGreek PoliticsParty leaders are criss-crossing Greece ahead of the June European Parliament elections, but also making increased use of social media in a bid to secure as large as possible a share of the vote, which they then intend to use as a platform for the national ballot due up to three years later. Prime
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomypercent, while electricity was up by 6.7 percent. According to the European Commission’s latest business
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
EconomyMacroeconomyThe European Commission published on Wednesday the spring forecasts and the growth outlook for Greece, which remained broadly unchanged with growth seen at 2.2 pct in 2024 and 2.3 pct next year. In the winter forecast in February the growth was seen at 2.3 pct this year and in 2025. The Commission
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomyof the steepest in over two years. Meanwhile, from the European Commission’s business indicators for April
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politicsperformance but also on that of the smaller parties. Greece’s 21 seats in the European Parliament
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicselections and now looks set to equal the 33 percent win achieved in the 2019 European elections
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek Politicsissues related to the cost of living during this campaign for the European Parliament elections. Recent
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Building permits jump by 77.8 pct in Feb for second highest rise since pandemic
EconomyMacroeconomyin Attica with 1,034. The European Commission’s latest business sentiment indicators for April
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From default to investment grade: A brief history of Greek debt
AgoraIn 2009, Greece’s ballooning budget deficit raised concerns about the sustainability of the country’s debt. This triggered a crisis that lasted almost a decade. It led to three adjustment programmes agreed with the European Commission, the ECB and the International Monetary Fund (IMF), led
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