Disposable income rises in Q2, saving rate stays negative at -3 pct
Household disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Macropolis
Wages index growth slows to 7.4 pct YoY in Q3
Greece’s seasonally adjusted (SA) Wages Index grew by 7.4 percent year-on-year (YoY) in Q3, from 9.3 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Farmers' demands and govt red lines keep Greece in deadlock
The confrontation between Greece’s government and protesting farmers remains unresolved, with both sides hardening their positions.
Eurogroup presidency hailed as pinnacle of recovery as OPEKEPE hearings descend into turmoil
The election of Finance Minister Kyriakos Pierrakakis as president of the Eurogroup has been welcomed by forces across the political spectrum in Greece as the final recognition of the country’s comeback from the financial crisis.
Import prices contract again in Oct with 2.4 pct drop
Greece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
Vehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Pressure from government MPs pushes PM towards resolution with farmers
New Democracy lawmakers are demanding more action from the leadership to address the demands of farmers who have turned against the government in rural constituencies. Feeling the heat from among its own ranks as well as escalating protests across the country, the PM’s office looks set to attempt a resolution over the coming days.
Electricity propels 6.4 pct YoY jump in Oct industrial production
Greece’s Industrial Production Index (IPI) recorded another solid growth in October with a rise of 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
Farmers anger resonates with public as government struggles to resolve dispute
As the government struggles to contain the farmers’ mobilisation, which is seen as highly challenging to resolve, a new opinion poll has indicated that there is deep public sympathy for farmers.
Farmers’ protests escalate as political veterans express concerns about democracy
The stand-off between Greece’s government and protesting farmers intensified on Monday after demonstrators forced the closure of Iraklio airport in Crete, a dramatic escalation that underscored the depth of rural anger and placed fresh pressure on Prime Minister Kyriakos Mitsotakis’s administration.
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