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Government tries to mount defence against criticism about wildfires
PoliticsGreek Politicslinked to the devastation caused by this summer’s fires, which have burned approximately 1 pct
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Newsletter 391 - 01/09/2023
helped boost turnovers, in June it also dropped by 1 pct year-on-year, although that was mostly led
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomydecreased by 1.2 percent and imports increased by 1 percent. The export drop was led by a decrease
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Return to investment grade overshadowed by flood destruction
Economycontributing close to 1 billion euros of added value in the sector. As the waters recede, it is evident
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Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
EconomyMacroeconomypercent. The number of long-term unemployed (more than 1 year) came to 319,400 people, representing 59.9
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Moody's ups GGB rating by two notches, on par with S&P and Fitch
Economynow shifts to S&P on October 20 and Fitch on December 1, both of which have Greece one notch below
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Tension builds in SYRIZA leadership race as govt moves ahead with wage maturities
PoliticsGreek Politicson January 1, along with another 300,000 workers whose collective contracts have tenure wage
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomyin electricity supply, partially offset by 1 pct drop in water supply. According to the European
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S&P awards investment grade, bringing arduous cycle for economy to a close
Economyon December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review
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Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
PoliticsGreek Politicsof 50 pct +1 of central committee members to trigger a vote of no confidence. In the meantime, some
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