Greek economic sentiment index rises to the highest reading in the last 12 months

Business 3 May 2023 17:00

The Greek economic sentiment index rose to 108.8 points in April from 107 in March, the highest reading in the last 12 months, the Foundation for Economic and Industrial Research IOBE said in a report on Wednesday. Cereport reports citing Athens-Macedonian

IOBE attributed this development to an improvement of expectations in the retail commerce and services sectors, with all other sectors falling and consumer confidence deteriorating. Greek households continued to suffer from rising prices in food and other basic items. However, consumer confidence on average was moving higher compared with last year's average. IOBE said that expectations remained positive ahead of the general elections on May 21 although a wait-and-see stance was evident ahead of the economic policy to be announced after the elections.

More details at the link

Bulgaria's Political Stability Key to 2026 Euro Adoption, Says ING Analysis

15 March 23:00

Bulgaria's political stability remains a crucial factor for its planned euro adoption in January 2026, according to the latest report by ING Think, the analytical unit of ING Bank.

Greece’s Unemployment Hits 17-Year Low in January 2025

14 March 22:00

Greece's Minister of Labour and Social Affairs, Niki Kerameus, announced on social media that the country’s unemployment rate in January 2025 reached its lowest level in 17 years, dating back to December 2008.

Bulgarian Businesses Call for Faster EU Funding to Overcome Crisis

14 March 20:30

Members of the National Council of the Bulgarian Industrial Capital Association (BICA) met with Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev to discuss accelerating EU funding, the National Recovery and Resilience Plan, and improving business conditions.

Debt Settlements Double, Reaching €10.45 Billion in a Year

13 March 23:55

Debt settlements through the out-of-court mechanism more than doubled in the past year, reaching €10.45 billion with 31,953 successful cases, according to the economy and finance ministry.

Bulgaria Among First to Complete Pavilion for Osaka Expo 2025

13 March 23:30

Bulgaria is one of the first eight countries to complete its Type-A pavilion for the Osaka Expo 2025, according to Kyodo News.

EU-Supported Agro-Hub to Open in Causeni in June 2025

13 March 22:00

A new community agricultural center, equipped for fruit and vegetable cleaning, cooling, processing, and packaging, will open in Causeni in June 2025 with EU support.

Bulgaria Expands Oil and Gas Exploration in the Black Sea

12 March 23:55

Bulgaria is moving forward with oil and gas exploration in Block 1-21 Khan Asparuh in the Black Sea. At an official ceremony on Wednesday, Energy Minister Zhecho Stankov signed an agreement with OMV Offshore Bulgaria General Manager Rob Dobbins and NewMed Energy Balkan CEO Yossi Abu to continue exploration efforts.

Bulgaria’s Patent Office Launches Online Similarity Tool

12 March 15:30

The Patent Office of Bulgaria has announced that its Similarity Tool for assessing the similarity of goods and services is now available online.

Greek economic sentiment index rises to the highest reading in the last 12 months

Related articles

Most read

Press Releases

Features