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Newsletter 338 - 20/05/2022
for Mitsotakis to address a joint session of Congress on Tuesday were the main set-pieces of the trip. Biden set... for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed..., largely due to the inflationary pressures that will weigh on households’ income, the solid recovery
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The IMF crisis and how to solve it
Agoraset up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real
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Solid conditions in manufacturing continue with PMI at 53.2 in April
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points... showed a solid improvement in operating conditions at the start of the second quarter, marking one... manufacturing firms continued to signal a solid upturn in the health of the sector at the start
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Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
EconomyMacroeconomyalso had a solid positive balance of 124,365 more hirings than departures. The balance in May last year... with 29,295 more hirings. The top five job roles are waiters, kitchen staff, cleaning staff, retail
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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory... budget affirms the solid tax performance this year, exceeding the initial target by nearly 4 billion
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020
EconomyMacroeconomyGreece’s import price index grew at a solid pace in July, recording a rise of 28.1 percent year-on-year (YoY), according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has been slowing down for three months in a row, from the 39.1 percent peak rise in April
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Building activity starts 2023 with solid growth of 22 pct for permits
EconomyMacroeconomyBuilding permits started 2023 on a solid footing, thanks to a rise of 22.1 percent year-on-year (YoY) in January, after increasing by 16.1 percent in December, according to the data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total number of permits issued in January
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Solid Nov for car sales, which are up by 15.2 pct in 11M
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time recorded another solid growth rate, growing strongly by 24.3 percent year-on-year (YoY), after a 38.9 percent rise in October, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. In November 2022, the year
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EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
EconomyMacroeconomywas forced to introduce last week a new set of measures mostly restricting the mobility
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