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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, 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 grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in July by 10.6 percent year-on-year (YoY), after a 9.9 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The index now has just one negative reading in March this year since August
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Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece continued at a steady pace in the second quarter of 2024, increasing by 9.2 percent year-on-year (YoY) from an upwards revised 10.6 percent in Q1 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown
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Erdogan meeting tops busy agenda for Mitsotakis at UNGA
PoliticsForeign Policyby either side. Nonetheless, Greek Foreign Minister Giorgos Gerapetritis has spoken of the latest
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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomy, the PIB is in a roughly 2.4 billion euros deficit. Greece has also received 159 million euros from
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Growth of industrial production moderates to 3.1 pct YoY in Aug
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in August by 3.1 percent year-on-year (YoY), after a 9.9 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. The index now has just one negative reading in March this year since
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Greece and Turkey differ on agenda as they prepare for foreign ministers to meet
PoliticsForeign Policy. Athens has repeatedly clarified that questions of sovereignty are non-negotiable and should
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Revision of GDP to have varied knock-on effect
EconomyMacroeconomyyears of the debt crisis, notably 2009 to 2013. That said, investment spending has increased by more
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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomy. Overall, the PIB is in a roughly 2.5 billion euros deficit. Greece has also received 159 million
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Economic sentiment drops in Oct, spurred by retail and construction
EconomyMacroeconomymonth. Since November last year, industry confidence has risen by circa 7 points. The services index
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