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Temperature rises for Mitsotakis administration as investigations progress, with more to come
PoliticsGreek Politicscompanies may have colluded to limit competition and inflate prices. Between 2020 and 2023, ten
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CPI captures rise in housing costs with 7.2 pct YoY increase, headline up 2.8 pct
EconomyMacroeconomyan increase of 2.6 percent YoY in May.
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Car sales rise by 6 pct YoY in Jun, up 3.1 pct in first half of year
EconomyMacroeconomyVehicles going into circulation for the first time rose by 13.4 percent year-on-year (YoY) in June, after an increase of 16.3 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In June 2024, licences had increased by 3.6 percent annually. Car sales in June
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Newsletter 471 - 18/07/2025
no. These numbers suggest that while the scandal may not yet be a knockout blow, it has landed
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Firefighting capabilities beefed up as blazes and water shortages weigh on government
PoliticsGreek Politics, for instance, was reportedly at 65 pct of capacity in May, whereas it was almost full two years ago
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
EconomyMacroeconomyGreece’s Producer Price Index (PPI) continued growing in June, with a rise of 1.6 percent year-on-year (YoY), after an increase of 2 percent in May, ELSTAT data showed on Wednesday. This is the sixth consecutive positive reading after a period of contraction that started in March 2023. The index
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Trade deficit rises sharply in June as exports continue to fall
EconomyMacroeconomyGreece’s trade deficit rose sharply by 33.2 percent year-on-year (YoY) in June, after a 31.6 percent drop in May, according to data released by ELSTAT on Thursday. The deficit came to 3.14 billion euros for June. Imports totalled 7.08 billion euros, rising by 6.4 percent YoY. Exports totalled 3.94
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Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomysince mid-2023. Month-on-month (MoM), the seasonally adjusted index in May recorded a 3.2 percent
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Mitsotakis prepares for autumn gamble after testing summer
PoliticsGreek Politicsthat affordability fatigue may soon dampen domestic demand. One of the main challenges
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed. In June 2024, the balance showed a surplus of 265.7 million euros. The Bank of Greece notes that this is due
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