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  1. Growth in vehicle sales remains subdued in June, H1 up by 6.5 pct YoY
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 3.6 percent year-on-year (YoY) in June, after a drop of 0.8 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In June 2023, licences had grown by 9.2 percent annually. Car sales

    5%
  2. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    on a favourable trajectory that will drop from the high of 207 pct of GDP in 2020 due to the pandemic

    5%
  3. Construction market remains strong in Apr as building permits rise by 40 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    noted in the Ionian islands with 72.6 percent, with Epirus recording a drop of 7.7 percent. The low

    5%
  4. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    from August last year. Construction confidence also had a significant drop to 7.6 points, from 15.6

    5%
  5. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance moderated in June, with 23,961 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous

    5%
  6. Trade deficit moderates in June, up 10.5 pct YoY in H1
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 9.8 percent year-on-year (YoY) in June, after a solid rise of 13.6 percent in May, according to data released by ELSTAT on Wednesday. The deficit came to 2.35 billion euros for June. Imports totalled 6.61 billion euros, dropping by 2.5 percent YoY. Exports

    5%
  7. Seasonal worries add to pressure on govt as opposition highlights holiday costs, hospital staffing
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is for its support to drop below 30 pct permanently. Ministers have been tasked with preparing

    5%
  8. PM hopes to reset narrative with positive announcements

    PoliticsGreek Politics

    moved early to pre-empt the inevitable drop in their polling figures. Over the past couple of weeks

    5%
  9. PM gears up for communications drive as PASOK marks 50 years
    Photo by MacroPolis

    PoliticsGreek Politics

    year, rather than the 0.5 that had been planned. Another 0.5-point drop was due the following year

    5%
  10. Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter and a drop by 12.3 percent compared to the same quarter of 2023. The number of people employed

    5%