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PASOK homes in on misuse of public money but ND hopeful of absorbing blows
PoliticsGreek Politicsenvironment for New Democracy, whose officials still think that the situation is manageable. PASOK’s... in the works since the case file compiled by the European Public Prosecutor’s Office was sent.... The opposition parties sense that this is their moment to chip away at the government’s image. PASOK
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomyGreece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY... the foreign markets increased by 9.5 percent. In respect to sentiment indicators, Greece’s Manufacturing.... Meanwhile, from the European Commission’s business indicators for June, industry confidence stayed
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyGreece’s industrial turnover was virtually unchanged in June, with a rise of 0.1 percent year... while the foreign markets decreased by 3.1 percent. In respect to sentiment indicators, Greece’s... the decline was minimal. Meanwhile, from the European Commission’s business indicators for July
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Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
EconomyMacroeconomyGreece’s industrial turnover dropped in July, with a decrease of 1.8 percent year-on-year (YoY... to sentiment indicators, Greece’s manufacturing PMI improved significantly in August to 54.5 points... and new customer wins. Meanwhile, from the European Commission’s business indicators for August
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Unemployment rate broadly stable at 8.1 pct in Aug
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.1 percent in August, from..., the current single-digit rate is Greece’s lowest since November 2008, when it was below... year. The latest available data from the Labour Ministry’s Ergani database showed that Greece’s
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Tsipras quits SYRIZA, moves closer to launching new political venture
PoliticsGreek Politicsa leading role in Greece’s progressive space. Monday’s announcement was the latest move in a concerted... party gaining between 13 and 19 pct of the vote would be a significant addition to Greece’s political... disappointment with the country’s political system. “I cannot and do not want to formally participate
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Tempe postmortem decision opens up government and judiciary to criticism
PoliticsGreek Politicsthe Parliament building in Athens. The father’s protest drew support from thousands, who gathered over... Democracy leadership’s capacity for misjudging the public mood around Tempe, which has allowed its..., the questions around the handling of the accident investigation. The timing of the prosecutor’s decision
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Government budgeting on a late RRF sprint
EconomyMacroeconomyin previous years was affirmed in the latest budget submission, with the outlook for this year’s fixed... about a year ago. The bullish outlook for this year’s investment spending was based on the RRF... to critics of the government’s policy on VAT as the cost of living continues to hamper Greek households
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomy. The longer-term outlook for the IMF is broadly unchanged, although upwards revised in this week’s WEO to 1.6 pct for 2030, from 1.4 pct in April. This is in line with the Fund’s longstanding view.... On the fiscal outlook, the IMF expects this year’s total budget to be in balance this year
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
EconomyMacroeconomyGreece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year... to sentiment indicators, Greece’s manufacturing PMI dropped significantly in September to 52 points, from... the long-run series average of 50.4 points. Meanwhile, from the European Commission’s business
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