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Industrial Production contracts 1.7 pct YoY in Mar as all components drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed further in March with a 1.7 percent year-on-year (YoY) rise, after a significantly upwards revised 6 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has been in annual
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Commitment to reducing debt front and centre in government fiscal policy
EconomyMacroeconomy. Moreover, the fiscal compliance demonstrated by successive Greek governments for almost a decade has
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Fet-a-ccompli: Tariffs and Greece’s big cheese
AgoraAs the world mulls the impact and consequences of the tariffs announced by US President Donald Trump on so-called "liberation day", Greece has a very specific concern. The focus of the tariff-related debate in Greece was very much on the fate of feta, Greece's most popular cheese and one of its
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Solid taxes and restrained spending push primary surplus to 5.15 bln by Apr
EconomyMacroeconomy. Greece has also allocated 835 million euros in the RRF, 22 million euros below target.
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Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomy, while Attica also recorded a sharp drop of 21.3 percent. The domestic construction market has gone
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Government hails rising wage data, but full picture tells more complex story
EconomyMacroeconomy. The government has made a pledge to bring the average wage to 1,500 euros by 2027, and the data from
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Scope leaves rating at 'BBB' and outlook unchanged at stable
Economy. The banking sector has improved in capital adequacy, profitability, asset quality, and governance
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Growth in property prices stable at 6.8 pct YoY in Q1
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth
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Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
EconomyMacroeconomyof the total unemployed. Alarmingly, the largest portion, 113,100, has not worked for more than four years
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Energy a main factor in decline of April import prices by 6.3 pct YoY
EconomyMacroeconomyGreece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for eight
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