Search
-
EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomy, private consumption, and investments, even though there has been a notable slowdown since the second..., the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP... international organisation that has incorporated the latest uncertainties, tightening monetary
3% -
Growth in import prices slows to 21.3 pct in Oct
EconomyMacroeconomy(ELSTAT) on Wednesday. The index peaked in April with a 39.1 percent rise and has now recorded four months during which there has been a slow down in growth. This is also the slowest rise since August last year at 18.7 percent. Month-on-month, the index posted a rise of 1.5 percent, after a drop of 2.2
3% -
Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
EconomyMacroeconomyby 9.1 percent. It has been growing ever since, gathering pace over a two-year period. This has taken... percent, non-durables up by 9.6 percent and durable consumer goods increased by 2.2 percent.
3% -
BoG stresses need to avoid putting investment grade at risk
EconomyMacroeconomystance of the ECB that has pushed interest rates has helped bank profitability in the short-term... growth outlook of 2.2 pct in 2023, with consumption and investment expected to continue
3% -
Central debt records small rise to 401.53 bln in Q1
EconomyMacroeconomya drop of roughly 1 billion euros in bonds and a rise of 2.2 billion euros in loans related to a rise... attached to the first programme, which Greece has started repaying. An additional 130.9 billion relate... in Q4. Peak average maturity was 20.85 years in Q3 2019 and has been falling since. The debt
3% -
Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece has experienced since the end of 2009, as the country was approaching its first adjustment... people year-on-year and now stands at 3.11 million. The unemployment rate among women fell by 2.2... has reached 185,566, improved by 32,443 more jobs year-on-year. Total hires were 929,112, against
3% -
Is Greece on track to decouple from fossil gas?
Agora) in 2021. The crisis brought a complete reversal of this trend. Thus, gas has been plummeting over... infrastructure. The latter were, after all, taken before Russia's invasion of Ukraine and REPowerEU, which has... infrastructure, as it already foresees 2.2 GW of PHES (the current capacity being 0.7 GW) and 3.1 GW
3% -
Reports raise questions about some economic policy decisions
EconomyMacroeconomyand rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct... below the current path is the low absorption of EU resources via the RRF, something that has been... in property prices significantly outpaces disposable income. One of the factors that has priced out
3% -
Moody's latest agency to up outlook to positive, keeps rating below investment grade
EconomyGreece to comfortably meet the primary surplus targets of 2.2 pct from this year to 2026... and loans, half has already been disbursed by Brussels and 6 billion euros has reached firms
3% -
Government sets out fiscal plan, prepares multi-bill in shadow of deadly wildfire
PoliticsGreek Politicsfor this year to 2.2 pct, increasing to 2.3 pct next year. The primary surplus for this year is expected.... SYRIZA’s focus on the crucial leadership battle has allowed some space for New Left to be more... that New Left would raise the issue in Parliament. The Citizens’ Protection Ministry has asked
3%