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  1. Warning from producer prices as most categories rise YoY in July, index up 1.4 pct MoM
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the fifth successive month in July, dropping by 8.6 percent year-on-year (YoY), after falling by 11.7 percent in June, ELSTAT data showed... by 9.1 percent. It continued growing, gathering pace over a two-and-half-year period. This has

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  2. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) recorded back-to-back contractions in July, falling by 1.9 percent year-on-year (YoY), after dropping by a downward revised 3.4 percent in June, according... month. Since September last year, industry confidence has risen by 6.5 points. In addition

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  3. Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
    Image: www.primeminister.gr

    PoliticsGreek Politics

    to the end of the year but will now expire in October, and the “personal difference” supplement for pensioners which is being pushed back into the new year. In another interview with Skai Radio he... loan repayments and compulsory measures against victims of the floods until the end of the year

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  4. Under-fire PM pledges civil defence improvements following summer of destruction

    PoliticsGreek Politics

    the available funds to 600 million euros from next year. There was no mention of any other levy being... include pension and civil service pay rises that are due to kick in at the start of next year. The PM... surprise on the economic front was that Mitsotakis announced that three-year wage maturities, which

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  5. Positive sentiment around banks continues to grow

    EconomyBanking

    This year’s positive story around Greek banks is gaining momentum as systemic lenders appear... in the last month, the bank index on the stock exchange is up close to 43 pct year-to-date and 68 pct..., thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has

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  6. Monthly rise of 3 pct for producer price index in Aug prompts cost concerns

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the sixth successive month in August, dropping by 8.3 percent year-on-year (YoY), after falling by 8.6 percent in July, ELSTAT data showed on Friday... by 9.1 percent. It continued growing, gathering pace over a two-and-half-year period. This has taken

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  7. Industrial production stays in contraction for third successive month in Aug
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) remained in negative territory in August, after back-to-back contractions in July. It fell by 0.5 pct year-on-year (YoY), after dropping by 1.9 pct... last year, industry confidence has risen by 4 points. In addition, Manufacturing PMI remained

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  8. Despite annual drop in Sep, producer prices rise for 4 consecutive months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the seventh successive month in September, dropping by 4.3 percent year-on-year (YoY), after falling by 8.3 percent in August, ELSTAT data showed... annually by 9.1 percent. It continued growing, gathering pace over a two-and-half-year period. This has

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  9. After Greece clambers back to investment grade, what lies ahead?

    Agora

    in April 2021, a year later in April 2022 and just last week to investment grade. There were three main... surplus above 2 pct of GDP in the draft budget for next year. Greece has to deliver on this goal... to September of this year, Greece had to pay 2 billion euros more in interest. A steady positive

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  10. Newsletter 400 - 03/11/2023

    Newsletters

    at the end of the year and talks on the new SGP gaining momentum, Greece must deliver from next year... period like the “inflation cheque” paid out to vulnerable households last year. The Finance Ministry

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