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  1. Samaras expulsion casts shadow over New Democracy as SYRIZA prepares for leadership polls
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    pick for the post around the end of the year and Parliament will get final approval in a vote early in the new year. The hurdle for approval is high, requiring two thirds of Parliament to vote

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  2. SYRIZA leadership settled in first round as Famellos looks to build on rare moment of unity

    PoliticsGreek Politics

    , conceded. In a show of unity that has been rare in the leftist party since last year, when Alexis Tsipras stepped aside and was replaced by Stefanos Kasselakis, who was ousted earlier this year, Polakis

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  3. Fitch takes no rating action, leaves outlook stable
    Image: MacroPolis

    Economy

    In Greece’s latest rating review on Friday, Fitch took no action and left the country’s grade unchanged at ‘BBB-‘, with the outlook also remaining stable. This was the penultimate rating review of the year, with the cycle to be concluded by Scope Ratings on December 6. The year will close without

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  4. Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance..., below the target by 347 million euros. Interest payments came to 7.45 billion euros. Last year

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  5. Building activity rises by 10.5 pct YoY in Aug, up 19.5 pct in 8M
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity remained in growth in August, with an increase of 10.5 percent year-on-year (YoY), after a sharp rise of 15.2 percent in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of permits issued in August reached 1,787, from

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  6. Credit to corporations leads credit growth of 9.1 pct YoY in Oct
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The credit expansion in the Greek private sector accelerated in October, rising by 9.1 percent year-on-year (YoY), from 6.6 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 1.88 billion euros after a movement of 1.94

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  7. Deposits drop by 2.26 bln in Oct to 195.51 bln
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system contracted in October with a drop of 2.26 billion euros, after a 2.32-billion-euro rise in September, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 3.3 percent year on year (YoY

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  8. Newsletter 443 - 29/11/2024

    Newsletters

    for the past year and where the government has not been able to put forward convincing solutions. Since.... The number of permits issued in August were 1,787, from 1,617 permits in August last year. During

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  9. Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months

    EconomyMacroeconomy

    Greece’s retail sales resumed growth in September with a rise of 1.7 percent year-on-year (YoY), after a drop of 1.7 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index experienced a decline of 0.6 percent YoY. Volumes have now decreased

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  10. Mitsotakis insists on unity as he builds towards 2027 poll contest

    PoliticsGreek Politics

    it started with after last year’s elections. Mitsotakis also avoided speculating about the identity... on the president, Mitsotakis will be looking for unanimity in his party on next year’s budget. Based on his

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