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  1. Newsletter 461 - 09/05/2025

    Newsletters

    the party’s supporters, 47.3 pct are in favour of cooperation. There seems to be quite strong backing... billion euros, while imports reached 6.97 billion euros. Excluding the impact of oil products... of oil products and ships, the trade deficit increased by 2.2 pct YoY in March, to 2.28 billion euros

    4%

  2. Drop in industrial production accelerated in November with 6.1 pct decline

    EconomyMacroeconomy

    ). In contrast, there are few business sectors showing strong, double-digit positive growth such as: computers, electronic and optical products (78.4 percent), tobacco products (28.9 percent), motor

    4%

  3. Greek retail sales back on upward course in October after brief dip

    EconomyMacroeconomy

    mixed trends with retail sale not in stores posting strong growth rate (+22.1 percent), while...) and pharmaceutical products and cosmetics (up 3.1 percent). Since 2008, retail turnover plunged 37... and tobacco (-32.1 percent) and pharmaceutical products and cosmetics (-32.1 percent

    4%

  4. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    are requesting cash advances for the whole amount, even from large, competitive firms with a strong... materials and intermediate products for domestic production are imported. This means that most export companies buy raw materials from importers of those products. Under current circumstances, importers

    4%

  5. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    months. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1... by furniture, electrical and household equipment (-9.2 percent), pharmaceutical products and cosmetics (-4.1... to a marked rise in automotive fuel (+7.9 percent), followed by pharmaceutical products and cosmetics

    4%

  6. Industrial turnover records its sharpest drop in six years, down 15.4 pct in July

    EconomyMacroeconomy

    percent). In contrast, three sectors posted strong growth rates, namely computer, electronic and optical products (+66.4 percent), other transport equipment (+36.1 percent) and tobacco products (+21.7

    4%

  7. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    percent) followed by retail sale not in stores (-5.2 percent) and pharmaceutical products and cosmetics (-4.7 percent). On the flipside, a strong double digit rebound was posted by clothing and footwear... products and cosmetics fell by 6.4 percent MoM, while clothing and footwear sales eased 0.5 percent

    4%

  8. Industrial production rebounds 2.8 pct in April

    EconomyMacroeconomy

    . Extraction of crude petroleum and natural gas excelled, soaring by 209 percent, while strong double-digit growth was also posted by computers, electronic and optical products (+55.5 percent) and tobacco products (+32.3 percent). The biggest drops were recorded in motor vehicles and trailers (-49.1

    4%

  9. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    is that traditional vegetable and fruit markets and local butchers and bakers still hold a strong presence... suppliers have meant that the supermarket’s shelves were often eerily empty. Products were pushed... and the fact that Greeks paying some of the highest prices in Europe for their supermarket products. Data

    4%

  10. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    the strong GDP rebound of 2.7 percent that has been forecasted for next year. According to the latest figures... million (27.3 percent) and a rise in the excise tax on fuel products, which is estimated to bring... taxes by 769 and 712 million euros respectively. The increased taxes on fuel products make up 37

    4%