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  1. Car sales rise by 7.7 pct in February

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 7.7 percent in February, compared to a rise of 8.3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In February 2019, the year-on-year change showed a rise of 15.7 percent. Car sales

    37%
  2. Growth in vehicle registrations slows in May, up 7.7 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    risen by 7.7 percent annually. Passenger cars were up by 9 percent, lorries decreased by 4 percent

    37%
  3. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    year of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece... forecast during the summer as the economy appears to be robust thanks to a buoyant tourism season..., the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP

    36%
  4. Fitch takes no rating action, leaves outlook stable
    Image: MacroPolis

    Economy

    , and a robust policy framework supported by EU and eurozone membership. Recent years have seen... to fall below 140 pct by 2028. Favourable debt terms, such as long maturities and low interest... performance, above the current estimates. On the other hand, adverse rating developments could stem

    36%
  5. Storm fallout sweeps PM to crucial juncture early in second term

    PoliticsGreek Politics

    in Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly... strain on public finances, with some estimates putting the total figure as high as 4 billion euros

    36%
  6. New Democracy seeks to counter with marine parks and migration policy, rhetoric
    Photo by MacroPolis

    PoliticsGreek Politics

    of migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby

    36%
  7. Newsletter 435 - 04/10/2024

    Newsletters

    once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... on 7.7 pct. The six candidates for the leadership of PASOK have their eyes set on the challenge... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when

    34%
  8. Newsletter 173 -07/09/2018

    Newsletters

    , the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... ambitious than the initial target by 2.2 billion and aims to bring the pile of NPEs to 64.6 billion... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross

    34%
  9. Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec

    EconomyMacroeconomy

    and are made up by central government at 6.6 billion, local government at 2.2 billion and social security

    33%
  10. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    to 5.01 billion, while imports fell at a similar rate by 7.7 percent to 9.19 billion. Lower oil prices... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services

    33%