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Car sales surge for second straight month, rising by 33 pct in May
EconomyMacroeconomyin 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... make up more than 88 percent of percent of road motor cars. Following the strong rebound in the last
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IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
EconomyProgrammeand European partners and institutions that took place before March 2010. The strong objection from the ECB... that with strong action Greece would be able to manage the crisis successfully without debt restructuring, while.... In specific, despite an initial strong performance, the programme went off track in 2011 amid
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Newsletter 115 - 21/04/2017
, suggested that the IMF’s projections mean there is a strong likelihood of the lenders asking for some... more positive interventions, such as the return of growth, a strong tourism season, inclusion... 2006. The ongoing strong upswing reflects a marked rise in manufacturing turnover by 21.1 percent
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomyintermediate goods. New orders rose for the ninth month in a row, driven by strong demand and new... was slower than in previous months. Although orders softened, hiring continued at a strong pace..., business confidence hit a new survey high in April with improving financial conditions and strong
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Newsletter 239 -14/02/2020
to stand strong against the local reactions, despite a rapid escalation in rhetoric. In an interview.... EC ups growth to 2.2 pct in 2019 Strong performance of 15-year bond bodes well for market strategy... percent growth forecast will be supported by strong business sentiment and consumer confidence
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Left pulls together against ND's labour reform bill
PoliticsGreek Politicsa strong push over recent weeks, fronted by Labour Minister Kostis Hatzidakis, to present... that they have hitherto pointedly shunned. With ND maintaining a strong lead as it approaches the mid-point... divide. New Democracy have been making a strong push over recent weeks, fronted by Labour Minister
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Positive sentiment around banks continues to grow
EconomyBankingbeen reporting very strong earnings, with net income at 1.7 billion euros by the end of H1, assisted... strong profitability in 2022, when total income was 3.8 billion euros for the four systemic banks, thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has
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Newsletter 426 - 07/06/2024
by a strong build up of inventories that pushed up capital formation. Quarter-on-quarter (QoQ), GDP... been growing QoQ for four straight quarters. Nominal growth was also strong YoY, rising by 5 pct... component due to the festive period. Exports also recorded a strong contraction compared to the same
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek Politics, wreaking havoc. However, ND continues to maintain a strong lead over a relatively weak opposition.... Following a number of cases involving attacks on young people by their peers, which gained strong... touches on the wider law and order issue, which had been one of the government’s strong cards, but has
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment
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