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  1. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... a rise of 1.1 percentage points since December to reach 4.9 pct, while Ilias Kasidiaris’s Greeks

    8%

  2. KINAL leader gains confidence as ND ratings wane
    Photo via Photo via https://kinimaallagis.gr/

    PoliticsGreek Politics

    to set the terms for the future direction of the country. His statements suggest that although he.... Overall, 38 pct say more is needed in addition to last week’s 1.1 billion package, while 45 pct

    8%

  3. OECD sees recovery slowing, urges fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    recovery to 1.1 pct in 2023, rising to 1.8 pct in 2024. According to the OECD, private consumption... pct of GDP, as support packages have set back the investment grade objective and Greece needs to get

    8%

  4. Record year for Greek tourism raises concerns about sustainability
    Photo by MacroPolis

    EconomyFeatures

    popular destinations. As the sun set on a bumper tourism season, it was already becoming evident.... Santorini received almost 10 percent fewer international passengers but managed a 1.1 percent increase

    8%

  5. Underwhelming GDP highlights investment falling short of mark
    Photo by MacroPolis

    EconomyMacroeconomy

    dealt a serious blow to the economy. The QoQ movement in Q1 was unchanged, it was up by 1.1 pct... than 15 pct this year. This set of conditions will tie the hands of the government regarding

    8%

  6. Mitsotakis launches mini-support package in bid to create positive momentum

    PoliticsGreek Politics

    spending measures starting in the current fiscal year. The measures total 1.1 billion in extra spending..., and 500 mln euros of public investments. Renters meeting certain income criteria are set to receive

    8%

  7. Clarity over fiscal space allows PM to prepare next relief package

    PoliticsGreek Politics

    , unveiling 1.1 billion euros in extra spending, split into 600 mln euros of support schemes... for a similar effect in September, when he unfurls the latest set of measures in Thessaloniki. Opinion poll

    8%

  8. PMI slips to contraction territory in September on lower production and new orders

    EconomyMacroeconomy

    in August largely attributed to fewer available raw materials coupled with lack of liquidity... costs rose for the sixth consecutive month mainly attributed to raw material shortages. As a result

    8%

  9. PMI at 53.6 points in September, employment slows

    EconomyMacroeconomy

    to customers. Delays in delivering raw materials drove a further reduction in pre-production..., since as weak demand for raw materials globally, led to softer price rises. Analysts noted

    8%

  10. PMI remains in growth territory in Nov amid supply disruptions and inflation
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    the strong demand, the expansion slowed to four-month low with challenges manifesting in raw material... in sourcing raw materials and higher order affected production, with the poor availability of inputs

    8%