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  1. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    growing by over 2 pct. The difference in macro projections leads also to deviating views on the fiscal... with S&P on October 21, with most market participants now pushing the timeframe of rating upgrades

    22%

  2. Newsletter 372 - 03/03/2023

    Newsletters

    still be possible for the announcement to take place on March 17, allowing for the mandatory 21 days... of more than 2 pct for 2023, expecting the economy to show enough resilience despite the expected

    22%

  3. PM targets elections in May as polls show outcome is finely balanced

    PoliticsGreek Politics

    speculation that Mitsotakis would opt for May 21, but some rumours suggested that he might want to wait... in office expired is on July 2. However, this is off the table now. Mitsotakis suggested

    22%

  4. In search of majority, PM looks to bring back wavering voters
    Image: https://primeminister.gr/

    PoliticsGreek Politics

    Opinion polls suggest that the upcoming elections, which most observers expect to be held on May 21, will result in a deadlock but Prime Minister Kyriakos Mitsotakis hopes that they could act..., possibly on July 2. Mitsotakis is due to embark on a series of visits around the country this week

    22%

  5. Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    The latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday. It captures the post-pandemic economic recovery, recording a drop of 2 percentage points... old with 28.1 percent and the least in over 65-year-olds with 21 percent. After a two-year rise

    22%

  6. Resounding win for Mitsotakis, who has majority comfortably in reach
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    in the final stretch before the May 21 vote. SYRIZA’s score was more than 10 points down on its result... set to up its share of the vote compared to 2019 by about 2 points, rising to 7.2 pct. The fifth party

    22%

  7. Newsletter 391 - 01/09/2023

    Newsletters

    steadily declining from the 21 years of Q2 2019. All rating agencies note that Greece has one... that foresees primary surpluses of more than 2 pct of GDP for decades, this is due to bring the debt-to-GDP

    22%

  8. Newsletter 392 - 08/09/2023

    Newsletters

    . Annually, GDP grew by 2.7 pct vs. Q2 2022, accelerating from the 2 pct YoY in Q1. The quarterly... year, with a drop of 21 pct YoY in July, from 14.9 pct in June. The deficit came to 2.45 billion

    22%

  9. Current account deficit drops further, at 6.85 bln up to Aug from 11 bln last year
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    excluding oil and ships was 2.44 billion euros in deficit, from 2 billion euros in August 2022. The travel... of almost 21 billion euros, down from 25.04 billion euros in 2022. The oil deficit has been reduced

    22%

  10. Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
    Photo by MacroPolis

    EconomyMacroeconomy

    decreased by 21 percent. On a monthly basis, industrial turnover in the total market increased... to -4.3, from -2 points in the previous month. Since November last year, industry confidence is down

    22%