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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomyfor the coming year with hopes for a return to pre pandemic production levels by November 2021. Markit analysts... upbeat since February amid hopes that output will expand over the coming year in light of improving
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Podcast - Covid-19 takes another bite out of the Greek economy
Agorawhere things have gone wrong this year for the Greek economy, particularly in the tourism sector...-founder Yiannis Mouzakis and business reporter Omaira Gill look at this year's numbers and what we
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicsthe end of the year. Policing According to a report in Ta Nea last Friday, the PM’s office hopes that by the end of the year 144 bills will have been adopted since the government came to power
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CPI falls by 2.1 pct YoY in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2.1 percent year-on-year (YoY) in November compared to a decline of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The average CPI for the rolling 12 months fell by 1 percent. Month-on-month, the CPI
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Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY) in the third quarter (Q3) of 2020, following a revised rise of 3.9 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The wages index captures employees’ gross earnings
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Greece maintaining investors' interest, EY survey finds
EconomyFeaturesA survey by Ernst & Young (EY), following up from their Attractiveness Survey Europe 2020 earlier in the year, has found that investment interest in Greece for the post-pandemic period remains steady... between 16-30 October this year. It found that compared to the survey in May, the percentage
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Mitsotakis showcases digital successes in drive to attract inward investment
PoliticsGreek PoliticsTransformation Bible”, a detailed document laying out its five-year digital strategy, which... capital”. The prime minister pointed to tax incentives introduced by his government in the past year
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Cabinet reshuffle and Covid-19 strategy dominate agenda for start of 2021
PoliticsGreek Politics– are considered certainties to remain in their current positions. “New Year, new start,” is how... of this year to limit the spread of the coronavirus following the festive period, when fewer restrictions
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Deposits rise by 3.16 bln in Nov on higher sight savings, aggregate triples YoY
EconomyMacroeconomybillion. In November last year, net deposit movement was negative by 180 million euros. A breakdown... last year showed inflows of 5.21 million. The latest aggregate balance is attributed to sight
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Lockdown set to be extended as political friction continues
PoliticsGreek Politicsto counterbalance the increased movements registered over New Year’s Eve and New Year’s Day. It seems, though
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