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Newsletter 479 - 10/10/2025
understand ordinary people’s needs, and 63% think they’re unqualified for office. These figures far exceed... to flow into the economy both via the public investment spending and the loans component through commercial banks. The challenges that most had anticipated regarding the RRF funds reaching the economy
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Opinion polls suggest dispute with farmers has weakened ND's support
PoliticsGreek Politicsfor concern. Although the conservatives clearly consider the economy to be their strong suit, most polls find the cost of living and the state of the economy to be the biggest concerns among voters... as their main worry going into 2026, followed by the state of the economy and their personal finances at 24.5
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Greece goes operational amid growing concern about Iran war blowback
PoliticsGreek Politicscosts across the economy and re‑igniting inflation just as households were beginning to feel relief... by uncertainty. Shipping — another pillar of the Greek economy — remains exposed to conflict‑zone risks... the fiscal tools to protect the real economy if necessary, but acknowledges that everything depends
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Economy
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 0.9 percent year on year (YoY) in the first quarter of 2014 from -2.3 percent in Q4 2013, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today. Today’s headline fig...
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SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
EconomyThe annual report on European Small and Medium-sized Enterprises (SMEs) released by the European Commission (EC) this week showed that SME employment in Greece fell by 27 percent since 2008, which corresponds to 630,000 fewer jobs. Over the same period,...
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What capital controls will mean for Greek banks, customers and the economy
EconomyAs was expected, the referendum announced by the Greek Prime Minister Alexis Tsipras on Friday evening triggered a series of negative repercussions for the Greek banking system. The most prominent among these was the declaration of a bank holiday from J...
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
EconomyThe Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s 2014 annual national accounts, while also revising 2010-2013 GDP figures downwards compared to those released last March. According to ELSTAT, the key reaso...
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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.5 percent in Q3 2015 following a downward revised 0.4 percent growth posted in Q2, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Frid...
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EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
EconomyIn its winter economic forecasts published on Thursday, the European Commission (EC) aligned its GDP estimates with those incorporated in Greece’s 2016 budget calling for GDP growth in 2015 and contraction of 0.7 percent in 2016. The previous EC estimat...
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