Economy
For 2026, PDMA sticks to debt strategy that proved successful previously
At the end of last year, Greece’s debt managers published the country’s debt strategy for 2026, which is based broadly on the successful approach that was followed in recent years, consisting of a limited issue strategy that leverages the positive developments around GGBs.
Households drive Nov deposits rise as total reaches 207 bln
The Greek banking system’s private sector deposits rebounded in November, with a net rise of 1.03 billion euros, after a drop of 2.14 billion euros in October, according to the latest Bank of Greece (BoG) figures released on Friday.
Credit expansion still solid in Nov as it rises by 7.2 pct YoY
The credit expansion in the Greek private sector remained strong though it slightly moderated in November, rising by 7.2 percent year-on-year (YoY), from 7.8 percent the previous month, Bank of Greece (BoG) figures released on Friday showed.
Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
Greece’s seasonally adjusted (SA) unemployment rate had a modest drop in November to 8.2 percent, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Manufacturing continues to expand in Dec as PMI sees minor rise
Greece’s manufacturing PMI was almost unchanged in December with a minor rise to 52.9 points, from 52.7 points in the previous month, S&P Global data showed on Friday.
Retail sales rebound with 5.3 pct YoY rise in Oct
Greece’s retail sales rose sharply by 5.3 percent year-on-year (YoY) in October, after a drop of 0.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase
Greece’s Producer Price Index (PPI) had a marginal rise in November, with an increase of 0.1 percent year-on-year (YoY), after a decrease of 1.4 percent in October, ELSTAT data showed on Tuesday.
Primary surplus confirmed at 12.68 bln in Nov as underspend continues
The budget primary balance was confirmed at a surplus of 12.68 billion euros up to November, compared to a surplus of 12.01 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
Building permits maintain recovery, up 12.5 pct YoY in Sep
Building activity continued its recovery in September, with a rise of 12.5 percent year-on-year, after an increase of 7.8 percent YoY seen in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday.
Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
Greece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday.