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    Trade deficit falls by 10.3 pct in June

    Economy Macroeconomy

    Greece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.

  • Photo by Pavlos Svoronos/Fosphotos

    CPI falls by 1.8 pct YoY in July

    Economy Macroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.8 percent year-on-year (YoY) in July compared to a decline of 1.6 percent seen in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.

  • Banks step up securitisation drive following pandemic interruption

    Economy Banking

    Having experienced a setback earlier in the year, when the pandemic broke out and led to reconfiguration of the plans on securitisations, Greek systemic banks are accelerating their efforts to catch up for lost time in restoring the health of their balance sheets.