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Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets
PoliticsGreek Politicsthe scheme, which are earmarked exclusively for investments rather than for support of consumption. The funds
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Newsletter 338 - 20/05/2022
than using Greece’s pivotal position to extract more support. The main aim of the visit
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Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise
EconomyMacroeconomyGreece’s industrial turnover growth remained strong in March, rising by 38.3 percent year-on-year (YoY), from a slightly upwards revised 34 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After more than one year of contraction, the index
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammeof GDP this year, to a surplus of more than 1 pct of GDP in 2023. This will require a fiscal improvement
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Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyan 8-billion-euro deficit in April 2021. The overall deficit is better than the target by 1.66
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PM checks up on wildfire strategy, vital to election plans
PoliticsGreek Politicsof the summer rather than calling them in to help once wildfires have broken out. The destruction
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomybeen sliding the following two months. Over the rolling 12-month period, the ESI is now even lower than
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Concerns about RRF growing as deadlines loom
PoliticsGreek Politicsconnections rather than being shared out meritocratically and with innovation and job creation
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomy. The Bank of Greece is usually aligned with the Greek authorities, although slightly more optimistic than
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Industrial production drops by 4.5 pct YoY in Apr as electricity supply falls by almost 30 pct MoM
EconomyMacroeconomyin more than one year, but still indicates solid operating conditions in the Greek manufacturing sector
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