Economy
Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
Piraeus Bank posted a net profit of 815 million euros in 9M 2025, from 882 million euros in 9M 202
Retail sales grow strongly in Aug with 5.3 pct YoY rise
Greece’s retail sales accelerated growth with a 5.3 percent year-on-year (YoY) in August, after a 3.9 percent increase in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
Eurobank posted a net profit of 1.03 billion euros in 9M 2025, from 1.13 billion euros a year earlier, down by 9 percent year-on-year (YoY).
Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
Greece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday.
Economic sentiment picks up in Oct, consumer confidence sliding again
Greece’s economic sentiment (ESI) improved in October, with the index at 107.5 points, from 106.2 in the previous month, according to European Commission figures released on Thursday.
Unemployment unchanged at 8.2 pct in Sep
Greece’s seasonally adjusted (SA) unemployment rate was unchanged at 8.2 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Low-productivity economy a legacy of adjustment without transformation
A study by the Hellenic Observatory at the LSE paints a grim picture regarding the outcomes of Greece’s adjustment programmes that intended, in theory, to lead to an economic transformation that would shift the paradigm of economic growth.
Business loans drive credit growth of 10.7 pct in Sep
The credit expansion in the Greek private sector remained strong in September, rising by 10.7 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Monday showed.
Corporate deposits propel savings increase to 208 bln in Sep
The Greek banking system’s private sector deposits rose strongly in September, with a net increase of 2.65 billion euros, after a rise of 2.05 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Monday.
Despite recovery in previous three months, building permits down 9.9 pct YoY to July
Building activity growth was solid in July, with a rise of 12.2 percent year-on-year, after an increase of 6.1 percent YoY seen in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday.