Economy
Credit expansion picks up pace in Jan with 10 pct YoY rise
The credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Private sector deposits fall back below 200-bln-mark in Jan, led by coprorations
The private sector deposits in the Greek banking system started the new year with a sharp decline in January, with a net decrease of 4.79 billion euros, after a 5.59-billion-euro rise in December, according to the latest Bank of Greece (BoG) figures released on Thursday.
Industry, services and construction lead fall in Feb economic sentiment to 106.9
Greece’s economic sentiment (ESI) declined in February to 106.9 points, from 108.6 in the previous month, according to European Commission figures released on Thursday.
Building activity rises by 6.4 pct YoY in Nov, up 14.9 pct in 11M
Building activity remained in growth in November, with an increase of 6.4 percent year-on-year (YoY), after a rise of 5.9 percent in October, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday.
Jan primary surplus at 1.98 bln thanks to strong tax revenues and underspend
The budget primary balance was confirmed at a surplus of 1.98 billion euros in January, compared to a surplus of 2.28 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
Piraeus reports 1.24 bln euros profit for 2024, commissions income at 636 mln
Piraeus Bank posted a net profit after tax of 1.24 billion euros in 2024, from 1.05 billion euros in 2023.
Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
Greece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday.
Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct
Greece’s industrial turnover resumed growth in December, rising by 5.7 percent year-on-year (YoY), from a 5.1 percent decrease in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Public debt on downward trend as it concludes 2024 at 403.86 bln
Greece’s central government debt recorded a drop of roughly half a billion euros to 403.86 billion euros in Q4 2024, the Finance Ministry's (MoF) debt bulletin showed on Thursday.
Current account deficit widens to 15.13 bln in 2024
Greece’s current account remained in deep deficit in December, widening to 3.6 billion, from 3.15 billion euros in November, Bank of Greece (BoG) data showed on Thursday.