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  1. Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    Greece submitted on Tuesday to the European Commission the 2024 Stability Programme, making it the first official document in which the Greek authorities have revised down their initial growth outlook for the year. The macroeconomic assumptions in this year’s budget compiled by the Finance Ministry

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  2. Party leaders crank up campaign machinery for EP elections
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    Party leaders are criss-crossing Greece ahead of the June European Parliament elections, but also making increased use of social media in a bid to secure as large as possible a share of the vote, which they then intend to use as a platform for the national ballot due up to three years later. Prime

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  3. Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar

    EconomyMacroeconomy

    percent, while electricity was up by 6.7 percent. According to the European Commission’s latest business

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  4. EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The European Commission published on Wednesday the spring forecasts and the growth outlook for Greece, which remained broadly unchanged with growth seen at 2.2 pct in 2024 and 2.3 pct next year. In the winter forecast in February the growth was seen at 2.3 pct this year and in 2025. The Commission

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  5. Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
    Photo via Flickr https://flic.kr/p/VWenrM

    EconomyMacroeconomy

    of the steepest in over two years. Meanwhile, from the European Commission’s business indicators for April

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  6. Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
    Image: https://x.com/kmitsotakis

    PoliticsGreek Politics

    performance but also on that of the smaller parties. Greece’s 21 seats in the European Parliament

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  7. Centre-left parties jockey for leading role in post-election landscape
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    elections and now looks set to equal the 33 percent win achieved in the 2019 European elections

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  8. Building permits jump by 77.8 pct in Feb for second highest rise since pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica with 1,034. The European Commission’s latest business sentiment indicators for April

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  9. From default to investment grade: A brief history of Greek debt

    Agora

    In 2009, Greece’s ballooning budget deficit raised concerns about the sustainability of the country’s debt. This triggered a crisis that lasted almost a decade. It led to three adjustment programmes agreed with the European Commission, the ECB and the International Monetary Fund (IMF), led

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  10. Economic sentiment improves further in May, consumer confidence dips
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points in the previous month, according to European Commission figures released on Thursday. Sentiment is just short of the previous high of August 2023. Over the rolling 12-month period, the ESI in May is up 1.7

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