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Newsletter 450 - 7/02/2025
and centre left, including SYRIZA, KKE, New Left and Course for Freedom. Government sources, led... the government. Androulakis is not only wary of moving too soon, but also of being seen to be led.... This led to a jump in the 801-900 euros earnings bracket by 68 pct, or 131,700 employees. There was also
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Newsletter 490 - 16/01/2026
they were likely to support it. This puts Karystianou well ahead of a party led by Alexis Tsipras... for 2025 was 2.5 pct. The annual movements were led by rises of 6.9 pct in hotels, cafes..., led mainly by rentals for dwellings, services for the repair and maintenance of the dwelling
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Taking a macro snapshot
Agorain the euro led to a sharp drop in deposits that peaked between the two elections last year. Removing... and consumption since Q2 of 2010. Q4 2012 saw the largest drop on a year on year basis in final.... Some relief was meanwhile provided to businesses in the form of a drop in cost inflation to only
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Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
EconomyMacroeconomy(ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop... agreements and “voluntary” wage cuts at the enterprise level resulted in a cumulative drop of 29.6 percent... income decreasing by 2 billion or 25.9 percent. Lower disposal income inevitably led to reduced final
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Another dive for compensation in Q3 drags disposable income, consumption down
EconomyMacroeconomy(ELSTAT). The latest data indicates a slightly decelerating decline compared to the second quarter drop... in a cumulative drop of 35.2 percent in compensation. This corresponds to circa 7.5 billion wiped out from... income inevitably led to reduced final consumption, which dropped 10.2 percent in the third quarter
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economya 2.5 percent drop in March. However, the four-month figure rose 3.2 percent to 14.75 billion... the 2013 figure exceeded the annual target. Lower revenues and higher tax refunds led four-month net... percent in April, after stalling in March, resulting in a 9.6 percent drop in the four-month figure
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Greek trade deficit increases by 14.7 pct in March
EconomyMacroeconomyalso shows that the trade deficit increased by 3.1 percent, reversing the modest drop of 2.4... drop in imports (down 0.3 percent) and a higher decline in exports (down 3 percent). The former... rose 10.5 percent with exports dropping by 4.7 percent. This led to a significant rise of trade
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy, and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7 percent compared to a 7.1 percent drop recorded last year. In addition, the 12-month trailing index... of the preceding three years. Car registrations recorded a cumulative drop of 78 percent since 2008
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomymarginally by 0.1 percent. May’s performance led the year to date change, reversing the previous drop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend... drop of 2.5 percent with electricity production slightly slipping by 0.5 percent. The main industrial
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economypercent previously) for the first time in the past six years mainly led by the lifting of the uncertainty... consumption by 1.8 percent in 2014. The drop in public consumption is anticipated to decelerate... percent drop in imports. Export growth is entirely driven by services on the back of stronger
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