Sinem Hacıoğlu Hoke and Leo FelerThis paper estimates the effects of the 2025 U.S. tariffs on household spending using transaction-level data linked to tariff exposure and a tariff sentiment survey. Comparing high versus low tariff-exposed categories, we find 15 to 20 percent price pass-through. At the mean increase in tariff exposure, prices rise by 1 to 2 percent while spending falls by roughly 4 percent.
Greece’s manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed on Tuesday.
Private sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday.
Credit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.
President Trump has argued that the United States is “stupid” for granting citizenship at birth. Most countries don’t do so, but that can create problems.
Joanne McNamara will become one of a select group of women running FTSE 100 groups
The reported preparation of new Turkish legislation aimed at codifying elements of the “Blue Homeland” doctrine has become a subject of intense discussion within the Greek government, with officials examining both legal and political options should Ankara decide to proceed.
The launch of Alexis Tsipras’s new party, ELAS, has already impacted the political landscape, but PASOK is feeling its arrival most deeply. A comment by Athens Mayor Haris Doukas has exposed tension, strategic anxieties and the fragility of the party’s narrative about remaining autonomous.
Europe’s famed budget airline has become a potential takeover target as war in Iran hits industry
The $37bn investment manager is little known in the UK, but that could change if it bids on the British budget carrier
