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  1. Car sales surge for second straight month, rising by 33 pct in May
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    make up more than 88 percent of percent of road motor cars. Following the strong rebound in the last... in May following a strong rise of 24.5 percent in April, according to Hellenic Statistical Authority... reading since June 2010. The strong growth rates recorded in the last two months are attributed

    7%

  2. PMI slows to 52.9 pts in April, sector confidence hits all-time high
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    was slower than in previous months. Although orders softened, hiring continued at a strong pace... intermediate goods. New orders rose for the ninth month in a row, driven by strong demand and new..., business confidence hit a new survey high in April with improving financial conditions and strong

    7%

  3. Latest BoG report sees sustained growth, range of challenges
    Photo by MacroPolis

    EconomyMacroeconomy

    pace than in 2024. Inflation remained elevated, averaging 2.9 pct up to November, reflecting... components. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal tightening, fiscal policy is estimated to be expansionary in 2025 due to stronger-than-projected

    7%

  4. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    primary surplus beat the target by 1.27 billion euros, mostly due to strong underspend with primary expenditure coming in 866 million lower than target coupled with gross revenue (revenues before tax... profits, which was 334 million higher than target. The more detailed revenue figures showed direct

    7%

  5. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    million lower than the target mostly due to the strong underspend in February. Public Investment Budget...), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF... lower than the target and the Public Investment Budget (PIB) surplus was 149 million better than

    7%

  6. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    that although Golden Dawn won about 95,000 votes more than it did in the 2012 elections, this proves... Democracy, which lost more than 525,000 votes since June 2012? Even if we were to set all this aside... be understandable as part of an effort to put a positive spin on the outcome of the May 25 ballot

    7%

  7. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    tend to throw their support behind candidates rather than directly nominate them. Nevertheless... and a strong showing from him will boost the Neofascists ahead of the European vote. Election rules means that if a mayoral candidate gets more than 42 percent in the first round, he or she is elected

    7%

  8. Increase in car sales accelerates to 44.3 pct in September

    EconomyMacroeconomy

    than double from the August reading, according to the Hellenic Statistical Authority (ELSTAT... the May to July readings, which exceeded the 10,000 mark. Following the strong performance... than 80 percent) of new licenses in road motor cars stems from passenger cars, which soared 46.3

    7%

  9. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . The disclosed figure is in line than the flash estimate announced by ELSTAT on May 13. Today’s... with the tight liquidity conditions have taken their toll on the initial expectations for a strong... a cumulative drop of more than 24 percent since 2008. This mainly results from a nosedive

    7%

  10. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Tuesday. The headline figure is better than the 0.5 percent QoQ rise recorded in the flash estimates... for Q3 is also better than the 1.5 percent growth rate reported in flash estimates. In addition, GDP... by 14.1 percent that more than offset a rise in goods by 10.7 percent. The Bank of Greece’s (BoG

    7%