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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyGreeceās industrial turnover was virtually unchanged in June, with a rise of 0.1 percent year-on-year (YoY), from a 2.4 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. On a rolling 12-month basis, the industrial turnover was down
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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday. The June balance was 6.9 percent higher than the 2.79 billion euros recorded in June 2024. Receipts for the month were
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Opposition unable to join forces over recognition of Palestinian state
PoliticsGreek Politicsto exploit this apparent weakness. PASOK may force a parliamentary debate, but without SYRIZA or other
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PM finalises relief measures in ambitious but risky move to sway voters
PoliticsGreek Politicsthis year. While the constant publicity about the package may have contributed to anticipation
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
EconomyMacroeconomyunemployment rate in May 2008. Year-on-year, the number of employed people increased by 146,753 people
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek Politicsat 70 percent of market rates for ten years, after which tenants may buy at a capped price
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Controversial migration bill divides government factions
PoliticsGreek Politicsparliamentary inquiry is also slated to take place in the coming weeks, which may uncover further evidence
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomyseen at 2.3 pct for 2025. In the latest financial stability report that was published in May, Bank
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Government defends tax-cut package against opposition criticism
PoliticsGreek Politics, as the opposition has pointed out, the potential benefits may be too diffuse to make a real difference to voters
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Despite lukewarm reaction, PM insists tax cuts will pave way to third term
PoliticsGreek Politics, compared to 96 pct among confirmed ND voters. The package may tip the balance slightly for some
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