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EconomyMacroeconomy
EC cuts 2023 growth forecast by more than half to 1 pct In the European Commission’s autumn economic forecasts just released, Brussels confirmed a solid year of growth for Greece in 2022 and a significant downward revision of next year’s estimate.
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EconomyMacroeconomy
Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts Greece’s economic sentiment (ESI) reversed the latest rises and dropped below 100 points, to 98.3 in October, after a 3.7-point rise in September, according to European Commission figures released on Friday.
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PoliticsGreek Politics
Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle As the European Commission is widely expected to announce a compromise proposal for tackling rising gas prices, SYRIZA leader Alexis Tsipras has called for bolder initiatives at the national level to contain prices and bolster energy security.
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PoliticsGreek Politics
ND sees limited political threats on path to next year's elections The government reportedly sees the energy crisis and relations with Turkey as the two crucial political issues for the months ahead, apparently believing that the worst is over as far as the wiretapping affair is concerned, although developments on that issue have not stopped despite the parliamentary inquiry wrapping up proceedings on Friday.
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EconomyMacroeconomy
Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services Greece’s economic sentiment (ESI) reversed the recent declines and posted a solid rise by 3.4 points in September, moving up to 105.1 points after a marginal drop of 0.1 points to 101.7 in August, according to European Commission figures released on Thursday.
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EconomyMacroeconomy
Economic sentiment sees marginal recovery in Aug as most sectors face challenging conditions Greece’s economic sentiment (ESI) reversed the recent declines, growing by a marginal 0.5 points to 101.5 in August, after declining by 3 points to 101 in July, according to European Commission figures released on Tuesday.
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EconomyMacroeconomy
Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours Greece’s economic sentiment (ESI) declined further by 3 points to 101.1 in July, after dropping by 3.7 points in June, according to European Commission figures released on Thursday.
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PoliticsGreek Politics
Govt presents menu of energy proposals in Brussels as power subsidy cost balloons Athens continues to press for solutions to the energy crisis at an EU level as the cost of domestic subsidy programmes skyrockets, threatening to cut further into the budget.
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PoliticsGreek Politics
Rule of law and media freedom in spotlight after arson attack and European Commission report The publication of a European Commission report raising the issue of threats to the practice of journalism in Greece on the day that the headquarters of a Greek media group were targeted in an arson attack highlights the troubled relationship between the media and politics in the country.
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EconomyMacroeconomy Economic sentiment drops by 3.7 pts in June as all components deteriorate Greece’s economic sentiment (ESI) declined by 3.7 points in June, dropping to 104.3 points, following a recovery of 2.9 points in May, according to European Commission figures released on Wednesday.