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Economic sentiment picks up again in Oct but consumer confidence drops for fifth month
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued growing in October, when it rose by 3.7 points month-on-month (MoM) to 112.4 points after dropping by 3.3 points in September, according to European Commission figures released on Thursday.
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Economic sentiment drops off in Sept as consumer confidence falls for fourth month
EconomyMacroeconomyFollowing a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points month-on-month to 109.7 points, from a rise of 1.8 points in August, according to European Commission figures released on Wednesday.
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Some key tasks pending as Greece edges closer to completing post-programme process
EconomyGreece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission.
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Economic sentiment rises to 113 points in August, but consumer and retail confidence slide
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 1.8 points month-on-month in August to reach 113 points, European Commission figures showed on Monday.
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomyGreece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from 108.7 in June, according to European Commission figures released on Thursday.
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EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
EconomyMacroeconomyThe European Commission continues to marginally revise upwards its forecasts for Greece’s growth: In the latest summer forecasts released on Wednesday it sees the economy growing by 4.3 pct in 2021, from the 4.1 pct expected in May.
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Economic sentiment stable in June, but consumer confidence drops
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained broadly stable in June at 108.7, following the sharp rise in May by 10.7 points to 108.6 points, according to European Commission figures released on Tuesday.
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Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
EconomyProgrammeThe Greek authorities overcame one more hurdle in the post-programme surveillance process as the European Commission released on Wednesday the tenth report since the final programme was completed in the summer of 2018.
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Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1 point month-on-month rise in April, European Commission figures showed on Friday.
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February.