Greece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Vehicles going into circulation for the first time rose by 13.4 percent year-on-year (YoY) in June, after an increase of 16.3 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Despite a domestic and international outcry over its decision to adopt emergency migration measures, the government seems to have no intention of backing down from its controversial decision, which has to be considered within the current context of Greek politics as well as the heightened flow of migrants reaching the country from Libya.
Greece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
PM Kyriakos Mitsotakis used the announcement of emergency measures to tackle a surge in migrant arrivals to mark New Democracy’s six years in power. The prime minister launched an attack on his political opponents, including his predecessor Alexis Tsipras, who is rumoured to be planning a comeback to frontline politics.
Greece’s Consumer Price Index (CPI) picked up further pace in June with a rise of 2.8 percent year-on-year (YoY), from 2.5 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
On the heels of a bruising week of battling revelations of organised fraud and corruption in the distribution of agricultural funds, the government is being accused of dropping the ball on migration, after an EU-led delegation including Migration Minister Thanos Plevris was turned back at the border of Libya where it had arrived for talks on managing Mediterranean boat crossings.
Greece’s trade deficit dropped sharply by 31.6 percent year-on-year (YoY) in May, after a 6.9 percent drop in April, according to data released by ELSTAT on Tuesday.
Increased migrant flows from Libya to southern Crete are causing the Greek government much concern. The arrival of 1,400 migrants since the weekend, has prompted Greek authorities to start talking about a humanitarian crisis as the island does not have the necessary accommodation facilities.
Almost all Greek voters believe that the government has political responsibility for the OPEKEPE scandal, according to a new opinion poll that will compound New Democracy’s concerns about the potentially lasting impact of the farming subsidy affair.
