Search
-
Wages index down by 0.1 pct in Q4 2019
EconomyMacroeconomy(ELSTAT) figures revealed on Thursday. The annual index has remained negative for two consecutive... quarter, the index has been above the 100-point mark since Q1 of 2017, equal to 11 consecutive quarters. It has also stayed above the 105-point mark for six consecutive quarters. The index’s record high
4% -
E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesThe impact of the coronavirus, which has led to the shuttering of most retail stores, has also...) has released a study showing that online orders for businesses apart from supermarkets... of 5.4 percent, followed by clothing and footwear (+3 percent), automotive fuel (+2.2 percent
4% -
Newsletter 257 -07/07/2020
with the corresponding amounts. Rather than silencing the critics, however, the information has opened up a fresh round... remains strong but that its big lead over SYRIZA has been eroded slightly. According to the Marc..., which SYRIZA has edged up by a meagre 0.2 points. This may indicate that some of the enthusiasm shown
4% -
Newsletter 309 - 24/09/2021
agenda, and one of the areas where the opposition has found grounds for attack on ideological grounds... investment grade, and this has pushed down borrowing costs to record low borrowing costs. Each post... delivering a primary surplus that will average 2.2 pct of GDP from 2030 – 2060, real GDP to grow
4% -
IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomy0.4 pct for 2022. This has now been upped to 4.5 pct, before settling at 1.3 pct in 2023 and 1.9 pct... pct of GDP in 2027. Bank of Greece data over the last few months has highlighted a significant... under the current commitments expect Greece to return to a 2.2 pct of GDP surplus by 2024 and maintain
4% -
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Economythat has been building up in the markets during the recent months, that the prospect of the investment... unchanged, leaving the agency one notch behind S&P that has Greece at ‘BB+’ and two notches from investment grade. It is also one notch ahead of Moody’s that has its own scale and is currently at ‘Ba3’. Fitch
4% -
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
Economyissued on Tuesday has a coupon of 3.375 pct, with a spread of 80 basis points (bps) over mid-swaps and 119.3 basis points spread over the Bund that matures in February 2034 and a coupon of 2.2 pct... record offers of 35 billion euros, which is the highest Greece has received since 2010, surpassing
4% -
New Democracy rejigs key party posts as Spartiates expulsion leaves gap in Parliament
PoliticsGreek Politicsthat Skrekas is his choice. Kostas Skrekas has held senior ministerial posts, including Development... has gained confidence from recent polling figures showing that it appears to have arrested its slide..., with 2.2, 1.2 and 1 pct respectively. The picture emerging from the polls gives New Democracy cause
4% -
Tsipras pitch for progressive opposition presents New Democracy with new adversary
PoliticsGreek Politicsreemergence is perceived as a threat. Tsipras has been keeping a relatively low profile since resigning... a member. It has long been speculated, however, that he has been looking for the right opportunity... unlikely to survive into the next parliament, while PASOK has failed to gain critical mass, leaving
4% -
Newsletter 467 - 20/06/2025
. By limiting exposure to just two former officials, New Democracy hopes the worst of the damage has... trailing at 5%. The lull in Tempe’s political momentum has hit protest parties hardest, while.... Public satisfaction with the PM remains stubbornly low: 55% are dissatisfied, though approval has ticked
4%