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Tourist arrivals up by 15.5 pct in H1, average spend down by 3.1 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.86 billion euros in June, compared to 1.65 billion euros in May, according to data released by the Bank of Greece (BoG) on Wednesday. June's balance was 6.8 percent higher than the 2.68 billion euros recorded in June 2023. In June 2022, the balance
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Main parties facing challenges as new political season begins
PoliticsGreek Politicsremains a key concern for voters, but within a much tighter fiscal framework than in previous years
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Kasselakis worsens SYRIZA divide by replacing parliamentary leader
PoliticsGreek PoliticsSYRIZA appears on a course to lose its position as the main opposition in Parliament, after fewer than half the party’s lawmakers backed a shake-up of the front bench sprung on them by leader Stefanos Kasselakis. The latest development is set to accelerate the already precarious situation
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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomyemployment balance moderated in June, with 23,961 more hires than departures. The hiring balance in June
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Further loss of manufacturing momentum in Aug, optimism at lowest since 2022
EconomyMacroeconomyof inflation was much slower than in July,” they added.
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomybe seen as a useful guide for policy design over the next few years rather than a reason
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Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further
EconomyMacroeconomymore than five years old - saw their prices increase by 8.3 percent YoY in Q2, from 10.3 percent
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Government moves to implement PM's pledges despite grumblings from interest groups
PoliticsGreek Politicsfor the leadership of the party he presided over for less than a year. Several of his core supporters have
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Poll confirms ND dominance as PASOK hopefuls eye challenger role
PoliticsGreek Politicsdemocrats have benefitted from the fall of SYRIZA rather than any substantial gains in their own
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomyGreece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year (YoY), after a 4.4 percent rise in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive negative readings
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