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  1. Wages growth slows to 4.3 pct YoY in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 4.3 percent year-on-year, although it slowed from an upwards revised 6.3 percent in the first quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures

    2%

  2. Moody's ups GGB rating by two notches, on par with S&P and Fitch
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    notes that the upgrade reflects good economic performance and solid public finances, while reforms

    2%

  3. Positive sentiment around banks continues to grow

    EconomyBanking

    This year’s positive story around Greek banks is gaining momentum as systemic lenders appear to be leaving behind them the troubled era of the debt crisis and the sector is recording solid profitability hinged on the ECB’s tightening of monetary policy. Despite a correction of close to 14 pct

    2%

  4. Mitsotakis hopes tax bill tweaks will calm reactions in push to jump-start stalled reform agenda
    Photo by MacroPolis

    PoliticsGreek Politics

    the party. Kasselakis claims he has solid support from the membership, however his disdain

    2%

  5. Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct

    EconomyMacroeconomy

    by electricity supply rising by 17.7 percent, there was also a solid 9.7 percent increase in manufacturing

    2%

  6. Newsletter 406 - 15/12/2023

    Newsletters

    is heading for another solid year of growth in 2023 as the latest for October showed another strong rise

    2%

  7. Wage growth continues for sixth quarter, up 5.9 pct YoY in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q3, rising by 5.9 percent year-on-year (YoY), from an upwards revised 5.6 percent in the second quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees

    2%

  8. Greek manufacturing PMI at 51.3 pts in Dec, nearing a year of expansion
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    markets. The growth in production, which eased to the lowest in the last three months, was solid

    2%

  9. Car sales jump by 30.1 pct in Dec, marking 16.1 pct rise in 2023
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time recorded another solid growth rate in December, growing by 24.8 percent year-on-year (YoY), after a 24.3 percent rise in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2022, the year

    2%

  10. Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    (ESI) experienced a solid recovery in January, rising by 1.4 points to 107.2, after an increase of 0.4

    2%