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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomyGreece’s trade deficit recorded a sharp rise of 34 percent year-on-year (YoY) in January, after a rise of 2.7 percent in January, according to data released by ELSTAT on Friday. The deficit came to 3.03 billion euros for February. Imports totalled almost 7 billion euros, rising by 3.7 percent YoY
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ND names MEP candidates with eye on loss of support to hard right
PoliticsGreek Politicsplace it below what it received in last year’s national elections. Its leader, Stefanos Kasselakis, has targeted an improvement on last year’s results in the upcoming ballot. PASOK is on course to gain
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Newsletter 421 - 19/04/2024
pct, which would put it below its share of the vote in last year's national elections. Its leader, Stefanos Kasselakis, has pledged to improve on last year's performance in the upcoming vote. PASOK
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Government touts upgrades to civil protection amid early start to wildfire season
PoliticsGreek Politicswarning system. For the current year, however, the authorities will have to rely mostly... the number of specialist forest fire units will be increased to 16, from 6 last year. He also said
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Deposits reverse contraction in Mar with 1.67 bln growth
EconomyMacroeconomyThe net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG) figures released on Friday. The annual growth in March was 2.6 percent year on year (YoY), from 3
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Manufacturing continues to expand in April, firms remain optimistic
EconomyMacroeconomymanufacturing sector have been improving for more than a year. Although this is the lowest print... of an increase in output over the coming year, with optimism improving amid planned investment in new
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Mitsotakis accused of flippancy over handling of diplomatic relations with neighbours
PoliticsGreek Politicswas scheduled to coincide with the one-year anniversary of Beleri’s arrest in Albania on charges of election...-and-a-half-year sentence, provoking a storm of reaction from opposition parties. SYRIZA and New
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Mitsotakis and Erdogan keep ties on even keel despite ongoing differences
PoliticsForeign Policyto maintain the positive mood that has been established over the last year. The two leaders praised..." as outlined in last year's Athens Declaration on Friendly Relations and Good-Neighborliness. In essence
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) was essentially unchanged in April, with a rise of 3.1 percent year-on-year (YoY), after an increase of 3.2 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
EconomyMacroeconomyGreece’s import price index resumed growth in March, rising by 1.3 percent year-on-year (YoY), after dropping by 2.8 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The consecutive negative readings stopped at 13 months as February 2023
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