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Industrial turnover rises by another 22.9 pct in Dec, led by non-domestic market
EconomyMacroeconomyGreece’s industrial turnover remains on a solid recovery path, rising by 22.9 percent year-on-year... market jumped by 36.6 percent. In the domestic market, November’s rise was led by a 15.8 percent... indicators, Greece’s Manufacturing PMI for January dropped to a six-month low of 57.9 points, from
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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek Politicsof Greece’s much-troubled main social security fund, EFKA. There were, however, strong objections from.... The first is the government’s decision to allow the appointment of 256 people from the private... to the bill that riled the opposition was the creation of a special purpose vehicle to manage EFKA’s
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DBRS moves Greece a notch closer to investment grade as Moody's holds off
Economyas DBRS upped the country’s rating by one notch and just one step away from investment grade. The outlook was also revised from positive to stable. Moody’s did not publish a review report, probably due to the heightened uncertainty of the times and until further clarity is evident. Moody’s had
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Industrial turnover soars by 35.5 pct YoY in Jan, powered by petroleum products
EconomyMacroeconomyGreece’s industrial turnover remains in recovery mode, rising by 35.4 percent year-on-year (YoY... by 43.5 percent. In the domestic market, January’s rise was led by a 30.7 percent increase... in mining and quarrying and 18.3 percent decline in manufacturing. In other indicators, Greece’s
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Mitsotakis sweeps aside election talk as ND continues to suffer in polls
PoliticsGreek Politicsnews website, Mitsotakis insisted that elections would be held towards the end of the government’s... by the conservatives soon after they came to power. Mitsotakis made similar comments to the ones at Wednesday’s... from 31.8 pct last month to 31.1 pct in March. SYRIZA’s backing remains unchanged since February
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Where is Odysseus? Part 1 - Demographics
Agorathe Covid Pandemic emerged. It was based on data through 2018. The book analyzed Greece’s economic trends..., the fiscal position, and Greece’s struggles with public debt. The horizon for the scenarios is long... levels below 60 percent of GDP. The book’s Odysseus never asks for debt forgiveness, nor is he
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Industrial turnover recovery continues at pace, with 33.8 pct rise in Feb
EconomyMacroeconomyGreece’s industrial turnover stayed on a solid recovery path in February, rising by 33.8 percent... market was up by 27.7 percent. In the domestic market, February’s rise was led by a 37.9 percent... of 31.9 percent in mining and quarrying and 14.3 percent in manufacturing. In other indicators, Greece’s
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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicswill opt to call elections after the summer rather than wait until the end of his government’s four... sources briefing local journalists in the wake of the US visit about snap polls being in the PM’s mind... significantly improved his ratings and shown that his government’s foreign policy is paying off. Although his
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NBG profits narrow to 208 mln in Q1
EconomyBankingat the end of last year. The ratio dropped to 6.5 pct and coverage stood at 81.8 pct. The bank’s guidance... billion euros at the end of 2021. NBG’s loan to deposits ratio came to 57 pct in Q1, from 57 pct in 2021. NBG’s participation in the ECB’s TLTRO/LTRO facilities remained at 11.6 billion euros in Q1
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ND draws battle lines around universities as tensions flare over reforms and policing
PoliticsGreek PoliticsThe government’s latest education reform bill has been put to public consultation amid tensions... in the government’s programme of reforms for the sector. The bill, which runs to over 250 articles, contains... the opposition and human rights groups. Summarising the government’s stance in the preamble to last
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