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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyVehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May, after a marginal rise of 0.6 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In May 2025, licences had ...
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Strong arrivals push travel balance up 58.5 pct by April
EconomyMacroeconomyGreece's travel balance recorded a surplus of 735.9 million euros in April, compared to 409.6 million euros in March, according to data released by the Bank of Greece (BoG) on Monday. The April balance was 5.5 percent higher than the 697.3 million euros...
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Who’s afraid of Angela Merkel?
AgoraAngela Merkel triumphed in the German elections. The 41.5 percent gained by the CDU/CSU put her in the same league as her conservative predecessors, Konrad Adenauer and Helmut Kohl. While most..., and the preference towards a grand coalition between CDU and SPD seems rather strong. Therefore it is rather
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Greek banks' capital backstop and the funding gap: An uneasy relationship
EconomyThe recapitalisation of Greek banks carried out in June 2013 put an end (at that time) to a long period of uncertainty regarding the bolstering of their capital base and ability to raise fresh money... strong interest for the transaction. Thus, Eurobank’s capital shortfall could be covered by private
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicsand even then it can only be put towards one-off measures, not those of a permanent fiscal nature... pressure from the troika. New Democracy has strong support among these groups and was concerned about
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Spain’s economic recovery languishes amid graft scandals
Agorabe explained by the Spanish banks’ strong dependence on emerging markets, such as Latin America... government were imprisoned for belonging to a network that, as the judge put, “favored relatives
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21,717,120,000
Agoraon the German bund is at less than 1.5 percent today and fell as low as 1.2 percent last summer. Simply put... appreciate strong views and economic charts look out for Yiannis in The Agora. Follow Yiannis
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Five things to take away from the first round of Greek local elections
PoliticsGreek Politicsmean in the EU elections. He has argued that this would put stability at risk and it is certain.... The centrist party led by journalist Stavros Theodorakis remains somewhat of an enigma but a strong
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PASOK's future hangs in balance as Greece prepares for EU vote
PoliticsGreek Politicsis at the lower end of this spectrum on Sunday then PASOK’s future will certainly be put in doubt... on the fact that candidates supported by PASOK are in strong positions in Athens, Thessaloniki and elsewhere
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Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
PoliticsGreek Politicsthat there is strong momentum in its favour. It is no surprise that in his post-election address Prime Minister... sustainability have been put off. One of the reasons is that the government’s aggregate vote came
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