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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek Politicsbinds the country’s largest supermarket groups to stabilise prices on a basket of essential goods... with special labelling, and the information is made available on the ministry’s consumer website. Georgiadis... Ministry, pointing to several reservations expressed by Greece’s Competition Commission in relation
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Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
EconomyBankingbillion euros in the same period of 2021. Last year’s results were impacted by the bank’s business.... Balance sheet The Group’s net loans amounted to 38.86 billion euros in 9M 2022, a rise from... euros, reflecting the full utilisation of the bank’s TLTRO III borrowing allowance. Capital
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Podcast - Greece's surveillance scandal: Is anybody listening?
Agoraof Greece’s third party, PASOK, was being spied on by the country’s National Intelligence Service (EYP... malware that is at the centre of the scandal, which goes to the heart of Greece’s institutions... and independent outlets. In this episode of The Agora, we try to explain what’s happened, what it means
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Industrial turnover grows by 23.5 pct in Sep for lowest rise since end-2022
EconomyMacroeconomyGreece’s industrial turnover remained on a solid growth path in September, rising by 23.5 percent... to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. September’s figure... market was down by 15.4 percent while the foreign markets were down by 2.2 percent. Greece’s
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Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM
EconomyMacroeconomyGreece’s industrial turnover remained on a solid footing in October, rising by 25.4 percent year... months from the growth of 42 percent in August. October’s figure is one of the lowest growth rates... percent. Greece’s Manufacturing PMI remained relatively unchanged in November, rising by 0.3 points from
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PM signals April elections as MP at centre of latest sleaze scandal resigns
PoliticsGreek PoliticsAt the new year’s first cabinet meeting, PM Kyriakos Mitsotakis gave the strongest signal yet...’s reputation. For the second time in a week, the prime minister reportedly made statements... at the traditional New Year’s greetings, when he told Dimitris Koutsoumbas that “from April onwards
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Rise of fringe party complicates election arithmetic
PoliticsGreek Politicsgiven the ruling New Democracy party even more cause for concern ahead of this year’s elections... this month. SYRIZA’s support declined from 22.3 pct to 21.7 pct. In contrast to other recent polls...’s institutions and transparency committee after the New Democracy lawmakers who hold the majority
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Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
EconomyMacroeconomyGreece’s industrial turnover stayed strong in November, rising by 18.2 percent year-on-year (YoY... the last three months from the growth of 42.4 percent in August. October’s figure is one of the lowest... were down by 4.2 percent. Greece’s Manufacturing PMI dropped further in December to 47.2 points
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Transparency concerns emerge among voters as leaders clash over wiretapping
PoliticsGreek Politicsparty’s record in office and turning the discussion towards a comparison between New Democracy’s performance and SYRIZA’s legacy. Tsipras will likely try to pin the PM down on the surveillance issue... ahead of the elections and this will erode some of the ruling party’s support. Two opinion polls
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Industrial turnover grows by 16.7 pct in Dec as foreign markets contract MoM
EconomyMacroeconomyGreece’s industrial turnover remained solid in December, rising by 16.7 percent year-on-year (YoY... expansion, a far cry from the growth of 42.4 percent in August. December’s figure is also the lowest growth... markets were down by 5.4 percent. Greece’s Manufacturing PMI remained in contraction at the start
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