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Economic sentiment drops off in Sept as consumer confidence falls for fourth month
EconomyMacroeconomyFollowing a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points... this year, recovering from 90.7 points in January. Since the start of the year, the ESI has increased... of the pandemic, when it dropped to 87.6. The EU average ESI stood at 116.6 points, unchanged from the previous
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Economic sentiment picks up again in Oct but consumer confidence drops for fifth month
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued growing in October, when it rose by 3.7 points month..., recovering from 90.7 points in January. Since the start of the year, the ESI has increased by 20.6..., dropping to 87.6. The EU average ESI stood at 117.6 points, rising by one point from the previous month
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Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued improving in November, rising by 1 point month-on-month... from 90.7 points in January. Since the start of the year, the ESI has increased by 21.6 points... the pandemic when it stood at 113.2 points. The EU average ESI stood at 116.5 points, dropping by 0.9
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Camp conditions and fragile EU-Turkey agreement risks for Greece in refugee crisis
PoliticsForeign Policystandard by the UNHCR. The government is well aware of the problem. On Wednesday, Migration Policy... to be of a similar standard to the one constructed at Elaionas in Athens last year. More than 2,200 refugees
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgrammeto the standard rate, reducing diesel refunds for heating and studying the potential impact of charging standard excise rate on alcoholic beverages that are currently exempt, including raki. Overall
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How Cyprus re-entered the market
Agorato the international bond markets in late 2010, when Standard & Poor’s (S&P) rating agency downgraded the sovereign... Greece on June 23 to Caa2 (positive outlook) from Caa3. Standard & Poor’s had upgraded Cyprus to B
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomyFinance Ministry (MoF) budget execution data released on Friday. As is the standard practice, once... million euros. The main under-execution after the standard revision of targets this month is in non
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyFinance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once... after the standard revision of targets this month is in non-allocated expenditure by 295 million euros
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How Greece's political system failed to safeguard the largest investment in the country's history
Agoraof austerity were expected to strain the economy and exert pressure on the loan portfolio of Greek... potential as the banking system and the economy were expected to eventually stabilise and then recover... of the Greek economy. If you add the amounts that were required for resolutions of banks, the total
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesof the biggest challenges for the Greek economy is to diversify away from tourism and low-value exports... most are domestic outcomes: jobs and income generated within the Greek economy. As Prime Minister... diversification for the economy. This could well change with the increasing investment in Greece by established
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