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Employment and wage data explains why Greeks struggle to see growth dividends
Agorareport where Greece has the third worst real wage in 35 OECD countries. Given these challenging... do not feel their personal financial situation has improved over the last few years, almost six
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Under pressure from public opinion, Mitsotakis concedes mistakes on Tempe
PoliticsGreek PoliticsIn the aftermath of the weekend’s mass demonstrations, PM Kyriakos Mitsotakis has backtracked on some of his earlier assertions on the circumstances and subsequent handling of the train collision... of February. Course of Freedom leader Zoe Konstantopoulou has meanwhile announced that she would
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Industrial production ends 2024 in growth, up 5.2 pct in full year
EconomyMacroeconomyto Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has been in growth for ten... confidence has risen by circa 10 points. In addition, Greece’s Manufacturing PMI started the new year
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Public debt on downward trend as it concludes 2024 at 403.86 bln
EconomyMacroeconomyloans attached to the first programme, which Greece has started repaying. An additional 130.9 billion... 2019 and has been falling since. The debt breakdown by residual maturity showed that long-term
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Podcast: Greece, Europe and the new world reordering
AgoraThe return of Donald Trump to the White House seems to be causing a reordering of international relations, an end to many of the certainties we had in geopolitics. This has left Europe facing a major... other things, an expert on EU-China relations, and has recently been working as a research fellow
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DBRS ups Greece's rating one notch further into investment grade
Economycredits (DTC) declining faster than expected. The public debt-to-GDP ratio has fallen significantly.... The growth rate has outpaced the euro area average since 2021, with GDP expected to expand by 2.2
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Moody's upgrade underlines gap between economic story and reality for households
Economygrowth of small entrepreneurship, has largely been the privilege of large companies in Greece..., the property index is up by close to 66 pct, while the relevant wages index has increased by just 25 pct
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Minimum wage increase crashes against reality of Greeks' low purchasing power
Agorawas at 43 pct. Greece has been on a downward channel in this convergence metric up to 2020 and has made
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomyand social security funds at 1.1 billion euros. Greece’s fiscal picture has been consistently improving... following Russia’s invasion of Ukraine. In fact, Greece’s fiscal path has been solid since the tumultuous
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Water shortages a growing concern as government warns bills could increase
PoliticsGreek Politicshas resulted in increasing constraints on journalism since 2019. The NGO Human Rights Watch lists... globally. The government has repeatedly rejected such claims, criticising the methodology used
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