Search
-
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammefragility. Last year was solid fiscally with the primary surplus marking 4 pct of GDP, well above... to 20 percent. In May 2020 Greece is due to submit the new Medium-term Fiscal Strategy (MTFS.... In between, the government should have cleared the sixth review due in May. This will include the new
6% -
Newsletter 316 - 12/11/2021
will continue their solid performance, rising by 15 pct. Imports will also rise 6.9 pct. Overall... since May 2011, reaching 3.4 pct in October. It is remarkable how quickly prices shot up since May
6% -
Newsletter 324 - 21/01/2022
to the minimum wage would be adopted on May 1, SYRIZA believes a public backlash against the increasing cost... which New Democracy may suffer an erosion of support, seems to be backed up by a new opinion poll... composition was stable towards real money that represented the majority of offers, with a solid presence
6% -
Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammefor the spring, followed by the publication of the final report in May. The completion of the surveillance... that the outlook for Greece remains solid, with growth of 8.5 pct expected in 2021. In line... in May 2022.”
6% -
Athens makes landmark foreign policy shift by sending arms to Ukraine
PoliticsForeign Policysuggested all NATO member states should commit themselves to the implementation of a solid European... now, they do not rule out that Turkey may invest in the results of the Russian attack against Ukraine in the long term. The Greek side tends to believe that Turkish President Recep Tayyip Erdogan may
6% -
Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
EconomyMacroeconomypercent year-on-year (YoY), after increasing by 3.6 percent in May, according to Hellenic Statistical..., after a 2.4 percent increase in May. The annual movement in the index was led by a 13.2 percent increase in electricity supply, followed by a solid 7.6 percent rise in manufacturing, and 7.1 percent
6% -
Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
EconomyMacroeconomyGreece’s import price index grew at a solid pace in June, recording a rise of 32.8 percent year.... The index has been slowing down for three months in a row, with rises of 37.7 percent in May, and 39.1... drop since September last year, falling by 0.6 percent, after a 2.9 percent drop in May.
6% -
Seasonality drives retail sales up by 12.1 pct in Jun, but cost-of-living crisis evident in volume data
EconomyMacroeconomy-on-year (YoY), from a downward revised 4.6 percent rise in May, Hellenic Statistical Authority (ELSTAT... in June increased by an equally subdued 1.2 percent YoY, after a decrease of 4.2 percent in May... percent, non-food was up by 4.2 percent and food sales were up by 12.7 percent. Aside from fuels, solid
6% -
Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
EconomyMacroeconomyGreece’s industrial turnover remained on a solid growth path in July, jumping by 38.9 percent year... posted growth of 18.2 percent in March 2021 and has been growing ever since. In May this year... by 38.1 percent. In the domestic market, the rise in May was led by a 39.5 percent increase
6% -
Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts
EconomyMacroeconomyhit its most recent low in May 2020 following the outbreak of the pandemic, dropping to 84.4. The EU... confidence following the sharp pandemic drop stalled in May 2021 and the series has been... by 16 points. The services index dropped by a solid 25.1 points to 11. Services confidence is now
6%