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Economy
Consumer scorecard finds Greeks struggling most in EU with cost of living crisis The European Commission published on Tuesday the annual consumer conditions scorecard for 2023, a report that captures consumer habits based on surveys that took place in October and November 2022.
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EconomyMacroeconomy
Economic sentiment improves for fourth straight month in Feb Greece’s economic sentiment (ESI) continued its recovery trend in February, rising by 1.6 points to 107.5, from an upwards revised 1.8 points in January, according to European Commission figures released on Monday.
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EconomyMacroeconomy
EC tweaks forecasts, sees 2023 growth at 1.2 pct The European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022.
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EconomyMacroeconomy
Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged Greece’s economic sentiment (ESI) showed more signs of recovery in January, rising by 1.4 points to 104.9, after a downward revised 2.1 points to 103.5 in December, according to European Commission figures released on Monday.
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EconomyMacroeconomy
Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts Greece’s economic sentiment (ESI) showed further signs of recovery in December, rising by nearly 3 points to 104.3, staying above 100-points, after a 6.6-point drop in October, according to European Commission figures released on Friday.
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EconomyMacroeconomy
Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up Greece’s economic sentiment (ESI) showed signs of recovery in November, rising by 3 points to 101.4, climbing back above 100-points, after a 6.6-point drop in October, according to European Commission figures released on Tuesday.
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EconomyMacroeconomy
EC cuts 2023 growth forecast by more than half to 1 pct In the European Commission’s autumn economic forecasts just released, Brussels confirmed a solid year of growth for Greece in 2022 and a significant downward revision of next year’s estimate.
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EconomyMacroeconomy
Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts Greece’s economic sentiment (ESI) reversed the latest rises and dropped below 100 points, to 98.3 in October, after a 3.7-point rise in September, according to European Commission figures released on Friday.
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PoliticsGreek Politics
Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle As the European Commission is widely expected to announce a compromise proposal for tackling rising gas prices, SYRIZA leader Alexis Tsipras has called for bolder initiatives at the national level to contain prices and bolster energy security.
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PoliticsGreek Politics
ND sees limited political threats on path to next year's elections The government reportedly sees the energy crisis and relations with Turkey as the two crucial political issues for the months ahead, apparently believing that the worst is over as far as the wiretapping affair is concerned, although developments on that issue have not stopped despite the parliamentary inquiry wrapping up proceedings on Friday.