Economy
Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
Greece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed.
Significantly contained spending pushes July primary surplus 4.36 bln above target
The budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Energy continues to drive import price drop as June records 4.7 pct YoY fall
Greece’s import price index remained in contraction in June, with a drop of 4.7 percent year-on-year (YoY), after a 4.2 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Car market still buoyant as sales rise by 2.8 pct YoY in July
Vehicles going into circulation for the first time rose by 2.8 percent year-on-year (YoY) in July, after an increase of 13.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Mining drives growth of 0.5 pct YoY in industrial production for June
Greece’s Industrial Production Index (IPI) returned to growth in June with 0.5 percent year-on-year (YoY) rise, after a fall of 2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
Greece’s Consumer Price Index (CPI) accelerated further in July with a rise of 3.1 percent year-on-year (YoY), from 2.8 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Trade deficit rises sharply in June as exports continue to fall
Greece’s trade deficit rose sharply by 33.2 percent year-on-year (YoY) in June, after a 31.6 percent drop in May, according to data released by ELSTAT on Thursday.
Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
Alpha Bank reported a net profit of 517 million euros in H1 2025, compared to a profit of 322.5 million euros in 2024, a rise of 60.3 percent.
PMI falls to 51.7 in July, level of optimism drops to lowest in a year
Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday.
NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
National Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY).