Economy
Landmark Katseli Law ruling hits lenders, eases borrower burden
The Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial and legal landscape for thousands of indebted Greek households and the institutions that service their loans.
Trade deficit jumps to 3.5 bln in Dec, full year down by 5.9 pct at 33.52 bln
Greece’s trade deficit rose by 2.4 percent year-on-year (YoY) in December, after a drop of 15.1 percent in November, according to data released by ELSTAT on Friday.
Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
The 2025 annual report by the Labour Ministry, based on the data registered in the ERGANI database, gives the latest snapshot of Greek entrepreneurship, employment, and income profiles for the private sector.
Labour market ends 2025 with a positive hiring balance of 77,074 jobs
Greece’s employment balance ended 2025 with 14,524 more departures than hires in December, according to data from the Labour Ministry’s ERGANI information system.
PMI starts 2026 strongly, despite cost and supply chain pressures
Greece’s manufacturing PMI rose sharply in January to 54.2 points, from 52.9 points in the previous month, S&P Global data showed on Monday.
Credit to corporations drives loans growth for 7.9 pct YoY in Dec
The credit expansion in the Greek private sector remained strong in December, rising by 7.9 percent year-on-year (YoY), from 7.2 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Private sector deposits end 2025 at highest level since summer 2010
There was a significant movement in the Greek banking system’s private sector deposits during December, with a net rise of 6.33 billion euros, after an increase of 1.03 billion euros in November, according to the latest Bank of Greece (BoG) figures released on Thursday.
Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
Greece’s Producer Price Index (PPI) closed last year with a drop of 2.1 percent year-on-year (YoY) in December, after a marginal increase of 0.1 percent in the previous month, ELSTAT data showed on Thursday.
Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
Greece’s retail sales growth moderated to 1.7 percent year-on-year (YoY) in November, after a rise of 5.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
Greece’s seasonally adjusted (SA) unemployment rate dropped further in December to 7.5 percent, from 8.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.