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Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
EconomyMacroeconomybusiness surveys for May, industry confidence stayed positive for the fifth successive month though... territory in May, although it fell marginally to 51.5 points, from 52.4 points in April. This is the fourth month that the conditions in the Greek manufacturing sector have improved, though May
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Newsletter 386 - 23/06/2023
almost 41 pct on May 21, for the conservatives to fail to elect more than 150 of the 300 MPs. The only... of the May 21 elections indicated that seven parties will enter Parliament after June 25. Compared... beating in May, losing by more than 20 points. Alexis Tsipras is fighting for his political future
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Newsletter 387 - 30/06/2023
outperformance of 2 billion euros up to May thanks to VAT and income taxes beating targets. However... The pace of credit growth continued to slow in May, rising by 3.1 pct year-on-year (YoY), from 3.9 pct in April. The trend had been declining since last December’s 6.3 pct growth and May was half
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Where are the Conservatives?
Agoraas “conservatives.” The main opposition parties, SYRIZA and PASOK, may be seen as “further left... rhetoric may perhaps be best underscored by the impression that the quick labels we apply... is a tentative definition, and perception, of the word “conservative.” You may not agree. There may
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CPI drops in Jun on back of lower energy costs, but food prices continue to climb
EconomyMacroeconomyof 1.8 percent year-on-year (YoY), after growing by 2.8 percent in May, according to the data... increased by 0.6 percent, from 0.4 percent in May. CPI has been growing monthly now for five... months prior to May 2021, when CPI posted a marginal increase of 0.1 percent. Prices have been
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Beleri case dents Greek-Albanian relations, puts progress on hold
PoliticsForeign Policyin Albania since May has caused a major setback in Greek-Albanian relations. Athens is unhappy... extent it may exploit its EU membership to block certain European funds to Albania. Rama’s reasons... reassured him to the contrary in March when they met in Athens, diplomatic sources say. This may
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ND keeps eye on upcoming local elections amid ongoing complaints about wildfires
PoliticsGreek Politicsa response until he speaks at the Thessaloniki International Fair, when he may set out steps designed... to announce reforms in several areas, including healthcare and the judicial system, so he may try to tie.... There is concern that the damage caused by the fires this summer may make electoral success more challenging
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorathat neighbouring markets may be more fickle than originally thought. Exports from the Greek gas grid almost... infrastructure. The alignment of interest between Greek policy makers and commercial players may also... in Elica, the developer of the GREGY interconnector. In May 2023 the two companies signed an MoU
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CPI stable at 2.3 pct in June, food prices drop below headline figure for first time since 2022
EconomyMacroeconomypercent, from a drop of 0.3 percent in May. In May 2023, the CPI was up by 2.8 percent YoY. The price index was in deflation for the 12 months prior to May 2021, when the CPI posted a marginal increase... of consumer prices (HICP) increased by 2.5 percent annually in May, from 2.4 percent in the previous
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Mitsotakis heads on diplomatic tour of key capitals carrying vital questions
PoliticsForeign Policyincludes Rome, Berlin, and, finally, New York. His visit to Rome on May 12 has been long overdue... will likely surface again in Mitsotakis’ discussions with Merz on May 13 in Berlin. While migration... to hold direct peace talks in Turkey on May 13. The Greek Prime Minister will conclude his diplomatic
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