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Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek Politicseuros/MWh in France and 299 euros/MWh in the UK. Greece has not benefitted from the recent drop... and missteps in the government’s economic model, often by drawing comparisons to European peers. New face
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Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek Politicsin the form of a drop in inflation, however he acknowledged that the real goal was to bring prices... cuts to VAT on the model of other European countries, claiming that the measure would be ineffective
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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economyemploying a total number of 1.67 million employees in 2015. Three quarters of firms were employing up to four employees, and almost 9 out of 10 up to 10 employees. There were also 523 large corporates... euros in 2015. The report showed 22.5 percent were part-timers, 4 out of 10 received a salary up
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Car sales drop by 0.8 pct in September
EconomyMacroeconomygone up. In September last year, car sales registered a rise of 30.1 percent. Car sales.... The remainder was made up of motorcycles (3,217), lorries (1,863), and buses (113). Passenger cars accounted..., totalling 131,712. In the first nine months of the year, the remaining sales were made up of motorcycles
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomyof the total, hospital arrears make up the majority of arrears during the month, followed by SSFs... in EFSF/ESM/IMF loans which came to 250 billion euros in May and made up 69.2 percent of the total... billion, making up 3.2 percent of the total. Bonds showed a rise of 7 million euros, which Bank
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyarrears make up the majority of arrears during the month, followed by tax refunds at 30.4 percent each... in July and made up 8.8 percent of the total. In other underlying categories, a rise of 200 million euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million
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Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
EconomyMacroeconomyproducts down by 18.9 percent YoY, food products were up by 0.8 percent, and metal products rose by 2.9..., intermediate goods increased by 2.5 percent, capital goods were up by 2.3 percent, durables up by 3.8
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Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
EconomyMacroeconomywith a jump of 48.8 percent annually. Month-on-month (MoM), the index was up by 0.5 percent, from 0.3... percent, capital goods were up by 2.8 percent, durables up by 6 percent and non-durable consumer
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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomywas up by 2.1 percent, from 1.8 percent in the previous period. Manufacturing revenue dropped by 5.4... was up by 5.7 percent while the foreign markets decreased by 8.9 percent. In respect to sentiment... confidence is up 2.5 points. Overall, Greece’s economic sentiment (ESI) was broadly stable in April at 107.4
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomy. Imports of goods dropped by 0.03 percent and services were up by 2 percent. Compared to Q1 2024... increased by 2.2 percent year-on-year, while imports were up by 2.4 percent. Goods exports increased by 1.7 percent YoY, while services were down by 0.2 percent. Goods imports were also up by 1.7 percent
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