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PBO urges continued fiscal discipline amid growing instability
Economymixed signals for the Greek economy and expects international factors to play a key role... as the main condition to weather the worst consequences of international instability.... quarter, well above the 5.4 pct euro average, while conditions in the labour market improved notably
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Newsletter 88 - 16/09/2016
Tourism Enterprises (SETE) announced on Wednesday that international arrivals at the main Greek airports...-systemic bank that has just 1.5 percent of the market share in the Greek banking sector. Local media... to be more vocal and strict if they believe that the Greek government is trying to toy with the country’s
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Newsletter 249 -08/05/2020
that the government hopes the conditions would be right for Greek tourism to begin to open up from July 1. Mitsotakis... to and from the Greek islands. This is due to happen on June 1. Speaking on CNN on Monday, Prime Minister... that the biggest challenges for the sector hinge on the accessibility of Greece to foreign travellers. “Greek
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Newsletter 328 - 18/02/2022
was looking at the possibility of making a one-off benefit payment to vulnerable groups before Easter... of respondents were pessimistic about the course of the Greek economy and their household finances..., structural reforms, attainment of investment grade for Greek public debt and the exit from the enhanced
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.6... estimating a softer recession of around 0.3 percent. The resilient performance of the Greek economy... in Q4. ELSTAT said flash estimates are expected to be revised upon the release of provisional
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Athens makes landmark foreign policy shift by sending arms to Ukraine
PoliticsForeign Policyalignment with the EU and NATO partners, which explains to a great extent a turning point for Greek..., and showing its solidarity with the suffering Greek people, Greece will send, within the day, defense... planes carrying humanitarian aid, such as blankets and food, from the Greek armed forces also reached
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About to soar? Greece's economy still needs to be handled with care
AgoraLast Friday’s release of the second quarter Greek GDP figures by ELSTAT confirmed that the economy... the figure is nothing impressive, the Greek economy has not performed like that since 2008. Household.... Greek manufacturing firms hired staff at their highest rate since January 2000, while purchasing
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PMI up to 53.1 in Dec as business conditions improve at fastest pace in over a decade
EconomyMacroeconomyin nine-and-half years. To meet new business, Greek firms expanded purchase activity and hirings. December marked the joint sharpest rise in output since August 2008. The confidence in the Greek..., the greatest since April 2008. To meet demand, Greek firms took on more employees for the eighth
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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
EconomyJust one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014... of the Greek adjustment program was interrupted because of a “significant fiscal gap” in next year’s... comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3
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Androulakis keeps coalition options open as polls suggest deadlock likely in first vote
PoliticsGreek Politicsand his strategists to delay the election until May 21, hoping that some of the Greek public would... and ultra-nationalist Greek Solution is on course to receive 2.4 to 4.4 pct. The projected support..., is notable. It is also worth noting that MeRA25 and Greek Solution are on course to re-enter
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