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  1. Consumer confidence rises sharply by 4 points in May, other components drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) was broadly stable in May at 107 points, from 107.4... period, May’s ESI is down roughly 3 points from June 2024. The average ESI in the EU stood at 95.2 points in May, from 94.6 in the previous month. The euro area’s ESI was 94.8 points, from 93.8 points

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  2. Accommodation and hospitality drive April hiring balance to highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was strong as is usually the trend in April with 133,907 more hires than departures in April, according to data from the Labour Ministry’s Ergani information system...-on-year marginal rise of 1,555 jobs and this year is a new record, breaking last year’s high. Total

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  3. Clarity over fiscal space allows PM to prepare next relief package

    PoliticsGreek Politics

    to exceed budgetary limits to strengthen military spending. As part of this year’s European Semester.... This reflects the key role that the upcoming relief package holds in the government’s strategy... and SYRIZA is sixth on 5.8 pct. GPO’s survey is in line with other recent polls that show PASOK

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  4. Economic sentiment sees minor slide in June, consumer confidence drops sharply
    Image: MacroPolis

    EconomyMacroeconomy

    There was a small slide in Greece’s economic sentiment (ESI) in June to 106.1 points, from 107... 12-month period, June’s ESI is virtually unchanged from July 2024. The average ESI in the EU stood at 95 points in June, from 95 in the previous month. The euro area’s ESI was 94 points, from 94.8 points

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  5. Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
    Photo by MacroPolis

    PoliticsGreek Politics

    that appears to have been collected by the European Public Prosecutor’s Office (EPPO) via legal wiretaps, has put immense pressure on the Mitsotakis administration. At Monday’s cabinet meeting, the PM... – the farming community – will vote. An analysis in Sunday’s Kathimerini showed that based on exit polls

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  6. Waiters and chefs lead May hiring balance to highest on record
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring... of 11,181 jobs and this year is a new monthly record, breaking last year’s high. Total hirings in May came

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  7. Migration opens new front for government after Libya snub

    PoliticsGreek Politics

    with General Khalifa Haftar, the military leader of the region, fell apart over the EU’s refusal... since the start of the year, and Haftar’s refusal to cooperate left no alternative to Greece... the situation. SYRIZA leader Socratis Famelos described Tuesday’s events as a diplomatic fiasco and accused

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  8. Energy at forefront of 2 pct decline for industrial production in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year... in mining. According to the European Commission’s latest business surveys for June, industry confidence... July 2024, industry confidence is up 4.5 points. In addition, Greece’s Manufacturing PMI was again

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  9. New Democracy suffers ratings blow as farming payments scandal unfolds

    PoliticsGreek Politics

    dysfunctional state”, echoing PM Kyriakos Mitsotakis’s narrative which points the finger at endemic... in question personally benefitted from the politician’s actions. The portions rose to 34 pct and 44 pct... of the intervention of the European Public Prosecutor’s Office (EPPO) in bringing the fraud case because

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  10. Economic sentiment improves in July, consumer confidence continues to slide
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    There was a solid rebound in Greece’s economic sentiment (ESI) in July to 109.1 points, from 106.1... the rolling 12-month period, July’s ESI is up by 3 points from August 2024. The average ESI in the EU stood at 95.3 points in July, from 94.3 in the previous month. The euro area’s ESI was 95.8 points, from

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