Vehicles going into circulation for the first time rose by 16.3 percent year-on-year (YoY) in May, after an decrease of 2.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
The budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
The latest conference held by SYRIZA, Greece’s fading leftist party, raised more questions than it answers as proceedings drew to a close on Sunday.
Greece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Greece’s seasonally adjusted (SA) Wages Index grew by 5.4 percent year-on-year (YoY) in Q1, from 5.8 percent in the last quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Leftist opposition party SYRIZA began its latest party conference on Thursday. With the grouping struggling to even hold its ground in the opinion polls, leader Sokratis Famellos called for the congress to be a “restart” moment for the party, which led a governing coalition between 2015 and 2019.
The return of Alexis Tsipras to frontline politics seems all but inevitable after the former PM issued a call to arms to progressive political forces to take on the dominance of New Democracy. The conservatives have been quick to dismiss the initiative; however, polls suggest it could meet with notable support.
Greece’s fiscal outlook became clearer this week along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate.
With its polling figures once again on the ascendant, New Democracy is gearing up for a long election campaign with the filling of key party posts, with insiders referring to a “full restart” in the run-up to 2027.
Greece’s Industrial Production Index (IPI) fell sharply in April with a drop of 4.3 percent year-on-year (YoY), after a rise of 1.6 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
