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  1. Balance of payments shows shipping on course for bumper year, but economic benefits unclear

    EconomyFeatures

    For the Greek economy the benefits are less clear-cut. The effect of the shipping boom on the balance... has been far more significant. The oil balance deficit almost tripled from 1.4 billion in 2021 to 4.3... shipping sector makes to the national economy. While the shipping industry claims that the sector

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  2. Newsletter 349 - 02/09/2022

    Newsletters

    that there is an unnecessary furore over the issue. He went as far as suggesting that Russia and Turkey would be pleased... over the economy, and the cost of living in particular, rather than the phone-tapping issue... of inflation on the economy as food volumes were up by 2.6 pct and non-food by 1.4 pct, whereas sales

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  3. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    contraction next year of 0.2 pct. The economy is expected to resume its recovery in 2024, up by 1.8 pct. In the draft budget that was submitted a week ago, the Greek authorities see the economy... outlook, Fitch sees a primary deficit of 0.9 pct in 2023, from 2.2 pct this year, which is far off

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  4. Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
    Photo by MacroPolis

    Economy

    the durability of progress made thus far and the resilience of the Greek economy. A crisis such as COVID-19 shows that a diversified productive economy with fiscal space, can shield an economy from external shocks

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  5. Newsletter 479 - 10/10/2025

    Newsletters

    understand ordinary people’s needs, and 63% think they’re unqualified for office. These figures far exceed... to flow into the economy both via the public investment spending and the loans component through commercial banks. The challenges that most had anticipated regarding the RRF funds reaching the economy

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  6. Opinion polls suggest dispute with farmers has weakened ND's support
    Photo by MacroPolis

    PoliticsGreek Politics

    for concern. Although the conservatives clearly consider the economy to be their strong suit, most polls find the cost of living and the state of the economy to be the biggest concerns among voters... as their main worry going into 2026, followed by the state of the economy and their personal finances at 24.5

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  7. Greece goes operational amid growing concern about Iran war blowback
    Image: Hellenic Navy

    PoliticsGreek Politics

    costs across the economy and re‑igniting inflation just as households were beginning to feel relief... by uncertainty. Shipping — another pillar of the Greek economy — remains exposed to conflict‑zone risks... the fiscal tools to protect the real economy if necessary, but acknowledges that everything depends

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  8. Economy
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  9. SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008

    Economy

    The annual report on European Small and Medium-sized Enterprises (SMEs) released by the European Commission (EC) this week showed that SME employment in Greece fell by 27 percent since 2008, which corresponds to 630,000 fewer jobs. Over the same period,...

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  10. What capital controls will mean for Greek banks, customers and the economy
    Photo by MacroPolis

    Economy

    As was expected, the referendum announced by the Greek Prime Minister Alexis Tsipras on Friday evening triggered a series of negative repercussions for the Greek banking system. The most prominent among these was the declaration of a bank holiday from J...

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