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Is Greece on track to decouple from fossil gas?
Agora) in 2021. The crisis brought a complete reversal of this trend. Thus, gas has been plummeting over... infrastructure. The latter were, after all, taken before Russia's invasion of Ukraine and REPowerEU, which has
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Unemployment rate climbs back above 10 pct in Jan
EconomyMacroeconomythe 10-percent mark, these are the lowest jobless rates Greece has seen since the second half of 2009..., a drop of 6.5 percent. Unemployment has over the recent months fallen below the half million-mark after
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Bravo, Bank of Greece
Agoraprovide the time series upon which the productivity series are based. Productivity growth (generally) has...: Odysseus' Plan for the Long Journey Back to Debt Sustainability" published in 2020. [1] The RRP has
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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign PolicyEast that has highlighted the importance of the largest Arab country but also tested its resilience... playing a leading role," the same source notes. Indeed, the 7.4 billion deal with the EU has a strong
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Podcast - Between investment grade and rule of law: Greece's contrasting images
Agoraprospects. However, while this has been happening, there has been growing concern about the rule of law
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomybillion euros, from 4.4 billion in January 2023. The impact of fuel has stabilised as the oil balance... of 32.41 billion euros, down from 39.56 billion euros in 2022. The oil deficit has nearly halved, from
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
Economyspread. The Public Debt Management Agency (PDMA) has now drawn 7 billion euros from the markets via... liquidity across the yield curve. Greece has now executed some 70 pct of its total annual strategy of circa
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politicsto former rivals PASOK. Mitsotakis’s campaign rhetoric has been targeted at discouraging the protest vote... the conservative leader has also been warning against abstention, calling it a “threat to democracy”. Pylos case
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek PoliticsThe clash between the government and the opposition over the cost of living has reached new, and idiosyncratic, heights during the last few days as New Democracy and SYRIZA have been arguing over... has proposed a package of measures it argues would help bring down prices. They include capping
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Fitch leaves rating unchanged at 'BBB-', outlook stable
EconomyMacroeconomyFitch on Friday reaffirmed Greece’s credit rating to ‘BBB-‘ with stable outlook. It is another indication that the country’s rating has entered a steady environment after the several upgrades over... agency to grant Greece the investment grade. Moody’s is the only leading agency that has left
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