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Where is Greek growth coming from?
Agoraconcluded that real growth could be over 2 percent, even up to 2.5 percent. I have some concerns about..., environmental warming, and political stress in the EU and Greece, to mention a few), growth could end up... consumption. ELSTAT and the Bank of Greece could set up a research group to assess this possibility in more
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PM tweaks team as SYRIZA calls for ex-minister to face charges
PoliticsGreek Politicsof the departure of two key aides last week as main opposition party SYRIZA keeps up the pressure... on the railway network. SYRIZA wants to keep up the pressure on the government over this issue after seeing... responsibility in connection to the crash. Kasselakis and his party are calling for Parliament to set up
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Hotel and restaurant jobs keep hiring balance positive in Feb
EconomyMacroeconomyof the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 2,370 year-on-year, while voluntary exits were up by 9,499. Hirings were up by 13,226 jobs compared... came to more than 51 percent. Part-time and shift work made up 38.5 percent and 10 percent of hirings
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Management of RRF funds sparks new political tension
PoliticsGreek Politics) are investigating fraud allegations in connection to the way that up to 2.5 billion euros of EU funds... large firms even though SMEs make up 97 pct of the businesses in Greece. He added that 4.5 billion... of friction in Greek politics since it was set up almost four years ago, this is the first time
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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
EconomyMacroeconomy12-month period, the ESI in April is up 1.2 points from May last year. The average ESI in the EU stood... to 122.6. The EEI is up by roughly 4 points in the rolling 12-month period. Industry confidence stayed..., industry confidence is now up by 2.2 points. The services index had a solid rise of 7 points to 46.5.
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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010
EconomyMacroeconomyand used cars had an increase of 26.3 percent. The remainder was made up of lorries (2,525) up by 21.9 percent and buses (186) up strongly by 186.2 percent. Motorcycle sales decreased by 60 percent from... annually. Passenger cars were up by 11.6 percent, lorries decreased by 2.5 percent and buses rose
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Alpha reports 211 mln profit in Q1 as NII reached 420 mln
EconomyBanking(PPI) in Q1 was 322 million euros, from 269 million in Q1 2023, up by 20 percent. Asset quality... percent in Q1 and 71 percent from collateral. P&L NII was 420 million euros in Q1, up by 10 percent..., from 82 million euros last year, up by 18 percent. Trading income was up to 43 million euros, from 17
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Seasonal jobs for chefs, waiters and cleaners propel April hiring balance to highest on record
EconomyMacroeconomypct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 18,343 year-on-year, while voluntary exits were up by 17,291. Hirings were up by 44,907 jobs...-time work came to 63.6 percent. Part-time and shift work made up 29.4 percent and 7 percent of hirings
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CPI slows to 2.4 pct in May as food price increases ease
EconomyMacroeconomy, from a rise of 0.5 percent in April. In May 2023, the CPI was up by 2.8 percent YoY. The price index... percent and health increased by 2.2 percent. Education was up by 3.5 percent. Housing costs dropped..., with vegetables also up by 1.2 percent annually, fruits up by 1.7 percent and olive oil rising by 56.8 percent.
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Kasselakis pushes back against growing speculation about centre-left alliance
PoliticsGreek Politicsconcern within the “system” about Mitsotakis’s prospects and is looking for back-up to support him... cooperating. “I have said repeatedly: Cooperation is built from the bottom up, and we are present as far... the future of the Greek centre left continue, SYRIZA is trying to keep up the pressure on the government
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