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Q1 GDP growth accelerates to 0.7 pct QoQ
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q1, rising by 0.7 percent quarter-on-quarter (QoQ), from a 0.3 percent rise in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Industrial production jumps by 10.8 pct in Apr due to electricity and manufacturing
EconomyMacroeconomyin the middle of last year, the index has been growing since August 2023, with March being the first
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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyof roughly 1.25 billion euros. Greece also received 159 million euros from the RRF and has allocated 632
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VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
EconomyMacroeconomyhas also received 159 million euros from the RRF, with 632 million allocated so far, below
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Producer prices down by 1.4 pct YoY in May, headed by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in May, dropping by 1.4 percent year-on-year (YoY), after falling by 1 percent in April, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year and has
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Kasselakis attempts to ease SYRIZA tension amid meagre poll numbers
PoliticsGreek PoliticsAfter a turbulent few days, SYRIZA leader Stefanos Kasselakis has been tyring to heal rifts in his party and establish the framework within which the leftists would consider being part of a progressive alliance to challenge New Democracy. Kasselakis went into Thursday’s meeting of the party’s
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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in May following a significant rise of 6.7 percent year-on-year (YoY), after an upwards revised 11.7 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. The index now has just one
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Economy+’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct
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Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
EconomyMacroeconomybillion euros. Greece also received 159 million euros from the RRF and has allocated 775 million euros
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Government seeking to tie up loose ends before summer break
PoliticsGreek Politics) rules. The bill regarding changes to mental health facilities in Greece has attracted criticism from
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