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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyThe OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP growth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was broadly
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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsbetween 2 and 24 instalments to settle what they owe. These elements of the bill mean that many... Giannousakis, the owner of the Noor 1 cargo ship which was seized with almost 2 tons of heroin on board... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list
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Newsletter 16 - 20/02/2015
. The full year figure showed a surplus of 1.66 billion (up by 52.2 percent). 2 Playing safe... in his cabinet, Prime Minister Alexis Tsipras chose former New Democracy Interior Minister Prokopis... government, with Pavlopoulos as Interior Minister, issued a presidential decree that allowed fixed-term
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Newsletter 279 -13/11/2020
worsened by 19.8 points. 2 Credit growth in Nov edges up to 2.6 pct Rates approaching last high.... Interior Minister Takis Thedorikakos was also left out of the new line-up to be replaced by Agriculture... Interior Minister, to be replaced by Christos Tarantilis. Altogether, 17 changes were made, including
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Airport privatisation set for take-off as more sales head for runway
EconomyFeaturesincluded three consortiums and seven solo companies. The invitation for the expression of interest
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Newsletter 22 - 03/04/2015
figures mark a third straight month of decline. 2 Overcoming the conceptual gap Time, goodwill.... The government expects these measures alone to produce at least some 2 billion euros of the 4.6 to 6.1 billion... Sakellaridis also played down the comments from Interior Minister Nikos Voutsis and Labour Minister
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2... the beginning of 2014. 2 Back to business as abnormal A look at what's ahead for Greece's banking sector... will continue to hover above Greece until the third bailout has been agreed. Interior Minister Nikos Voutsis
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