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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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Cyprus invasion anniversary generates new friction in Greek-Turkish relations
PoliticsForeign Policyof Cyprus’ reunification is not new. What has changed, however, and in fact significantly, in recent years
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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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Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
EconomyMacroeconomyis in a roughly 1.6 billion euros deficit. Greece has also received 159 million euros from the RRF
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomyand has been in contraction since, although most of the base effects had been wearing off. Month-on-month
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Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBankingof 2023 profits. The bank has also communicated its intention to distribute to shareholders 1.1 billion
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