Jobs in tourism push May hiring balance upwards
Greece’s employment balance in May had 132,730 more hires than departures, according to data from the Labour Ministry’s ERGANI information system.
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Political fallout follows Thessaloniki attack as new poll shows ND well short of majority
The deadly arson attack on the homes of New Democracy officials in Thessaloniki, which claimed the life of Vagia Nestora, the mother of a local conservative candidate, has become a defining moment in an already unsettled political season.
Lethal firebomb attack on homes of ND officials cuts through pre-election season
The death of a New Democracy candidate’s mother as the result of an apparent arson spree targeting the homes of party officials in the northern city of Thessaloniki has interrupted pre-election campaigning, drawing unified condemnation from across the political spectrum and anger from the PM’s office.
PBO sees resilience in economy, revises growth outlook slightly down
In its latest quarterly report, the Parliamentary Budget Office (PBO) argues that the Greek economy is currently navigating a complex global landscape, showing remarkable resilience despite geopolitical tensions.
Trust levels fall again as public perceptions trail economic progress
Trust in public institutions in Greece has continued to weaken, despite notable improvements in economic performance, administrative modernisation and public integrity frameworks.
New Democracy sees silver lining in polls as ELAS consolidates second place
The reverberations from the launch of ex-PM Alexis Tsipras’s new party ELAS continue to be felt across the political landscape. While New Democracy retains a strong lead, it will need to mobilise apathetic or undecided supporters to approach an absolute majority.
Unemployment slides to 8.1% in May as male and youth rates improve
Greece’s seasonally adjusted (SA) unemployment rate edged down to 8.1 percent in May, from a downward revised 9.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Manufacturing PMI improves slightly in June, cost and export challenges persist
Greece’s manufacturing PMI rose to 53.8 points in June, from 53.3 points in the previous month, S&P Global data showed on Wednesday.
Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
Greece’s Producer Price Index (PPI) accelerated further in May to 13.5 percent year-on-year (YoY), after a rise of 12.8 percent in the previous month, ELSTAT data showed on Tuesday.
Retail sales growth slows to 4% YoY in Apr, volumes drop as fuel consumption decreases
The growth of Greece’s retail sales moderated further with a rise of 4 percent year-on-year (YoY) in April, after an increase of 6.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
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