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Newsletter 351 - 16/09/2022
. The long-term interventions include making permanent the 3 percentage point cut in social security... challenge because as things stand Greece must turn the 2 pct of GDP primary deficit into a 1 pct of GDP... movements were led by a 10.5 pct reduction in petroleum products and 1 pct drop in chemical products.
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Newsletter 352 - 23/09/2022
concrete data due to be presented on October 3, when the Finance Ministry will submit to Parliament... surplus of 1 pct of GDP. The latest preliminary budget execution data is a source of optimism... is above target by over 1 billion euros, thanks to 513 million of overperformance in personal income
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomyGreece’s economic sentiment (ESI) showed signs of recovery in November, rising by 3 points to 101.4..., dropping to 84.4. The EU average ESI stood at 92.2 points in November, rising by 1 point from the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery
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Inflation drives up retail sales by 10.5 pct in Sep, but MoM sees 0.6 pct drop
EconomyMacroeconomy, after an increase by 1.2 percent in the previous month. The volume’s monthly movement was down by 1..., with fuels up by 5.5 percent, and modest rises in food by 0.5 percent and non-food by 1 percent. According... in December. Overall, Greece’s economic sentiment (ESI) showed signs of recovery in November, rising by 3
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Newsletter 361 - 02/12/2022
in the sector were suggesting that the additional income from the higher rates could reach over 1 billion... called Gefyra (Bridge) 1 and 2 that subsidised mortgages initially and then business loans, under... sentiment partly recovered this ground in November, rising to 101.4, up by 3 points. Economic sentiment has
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Election date seen hanging in balance as PM weighs pros and cons
PoliticsGreek Politicsby one month, from May 1 to April 1, the implementation of the next increase to the minimum wage has... to the 3 pct threshold for electing MPs. During the pandemic, there was a strong ultra-right presence
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Leaders set out priorities, survey suggests many voters open to coalition
PoliticsGreek Politicssuggests that support for New Democracy has edged up again by 1 point since mid-March, hitting 29.5... MeRA25 on 4. The survey also suggests that far-right Ellines (Greeks) would pass the 3 pct threshold for electing MPs, gaining 3.5 pct. The share of the undecided vote stands at 11.5 pct, down 1 point
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Newsletter 377 - 07/04/2023
for Skai TV suggests that support for New Democracy has edged up again by 1 point since mid-March... and radical left MeRA25 on 4. The survey also suggests that far-right Ellines (Greeks) would pass the 3... to the Pulse poll, the share of the undecided vote stands at 11.5 pct, down 1 point since mid-March
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Newsletter 392 - 08/09/2023
data, as turnover in June dropped by 1 pct and the associated sales volumes fell sharply, with food... decreased by 1.2 pct and imports increased by 1 pct. The export drop was led by a decrease in goods by 9.8..., bringing the total to 17.35 billion euros. Imports dropped by 9.1 pct, while exports decreased by 3 pct.
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IMF forecasts high primary surpluses, tempers growth expectations
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
EconomyMacroeconomy. However, the IMF’s estimate for next year is significantly lower than the 3 pct forecast of the Greek..., from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct of GDP. According to the forecasts, the general deficit will drop below 1 pct of GDP next year
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