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  1. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO

    10%

  2. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Ankara’s unwillingness to engage in discussions regarding Confidence Building Measures. Despite Turkish... the lack of progress related to the EU’s “Irini” operation, which aims to oversee the UN's arms embargo

    10%

  3. Athens angling for tougher EU stance on Turkey ahead of summit

    PoliticsForeign Policy

    to engage in any meaningful discussion. Athens accepts in principle the start of exploratory talks, which... a large financial exposure to Turkey’s economy. Athens is also insisting on an arms embargo and has called

    10%

  4. Newsletter 213 -07/01/2019

    Newsletters

    percent, the Communist Party (KKE) on 5 percent and Golden Dawn on 4 percent. Ultra-nationalist.... Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2... reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3

    10%

  5. Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    apartments, classified as over five years old, saw their prices increase by 6.6 percent in Q4 versus a downward revised increase of 8.1 percent in Q3. Across 2019, old apartments saw an average price increase of 6.9 percent compared to a rise of 1.7 percent in 2018. In 2017, old apartments saw

    9%

  6. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

    9%

  7. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only

    9%

  8. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

    9%

  9. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

    9%

  10. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    in the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being

    9%