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Newsletter 462 - 16/05/2025
to bring a censure motion against the government in March, insisting it was based on official rail safety... the findings. The lack of definitive conclusions in official reports has allowed the government.... This was a prominent issue during the debt crisis years and required close oversight from the official
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Summer Covid wave sparks fresh warnings, as opposition unites on gender-based violence
PoliticsGreek Politicsas highly probable that there will be another wave in the autumn, according to official projections... Iliopoulos noted that the official figures show 387 deaths in June, rising to 1,145 in July, calling... of the medical community, there have been no official calls to bring back public restrictions such as mask
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyΤhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG). In contrast to the first quarter of the year, when this rate remained stable, it posted a 42 bps decline in the second quarter of the year
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Society-controlled corporate profits, public works, casinos and public procurement. Τhe report is explicit
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyΤhe number of building permits issued in Greece continued heading south for the second successive month in July, dropping by 8 percent according to the Hellenic Statistical Authority (ELSTAT). The respective surface and volume figures exhibited a sharper decline slightly above 30 percent
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyΤhe rate of growth in the number of road motor vehicles going into circulation for the first time at dipped to 33.7 percent in October from 44.3 percent in September, according to the Hellenic Statistical Authority (ELSTAT). October was the sixth straight month with a double-digit reading
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyΤhe number of building permits issued in Greece fell at a faster pace in August, dropping by 19.9 percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT). The figure for surface area showed a similar decrease (-19.4 percent), while volume slipped at a much
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyΤhe rate of increase in the number of road motor vehicles going into circulation for the first time slowed to 7.5 percent in November from 33.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The November headline figure is the second single-digit reading in 2014 All
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Building activity down again in September but at slower rate of -11.2 pct
EconomyMacroeconomyΤhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT). The respective surface figure posted a moderate drop by 2.6 percent, while volume
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyΤhe growth rate in the number of road motor vehicles going into circulation for the first time accelerated to 69.3 percent in December from 7.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT). December’s figure is highest reading since 2002 (from when data is available
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