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Credit to corporations drives loans growth for 7.9 pct YoY in Dec
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Private sector deposits end 2025 at highest level since summer 2010
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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
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Building activity on the mend with 13.5 pct YoY rise in Oct
High energy prices fuel uncertainty on fiscal front
The energy crisis fuelled by the Ukraine conflict will dominate the attention of Finance Ministry officials in the coming months as uncertainty over supplies during the winter has been priced into natural gas prices, which have reached 160 euros/MWh, creating doubts about the cost of the latest energy subsidy scheme.
The new scheme, providing subsidies for electricity bills, was launched this week. It intends to cap retail bills. An amount of 850 million euros has been budgeted until the end of the year. However, the calculations were based on lower wholesale gas pr...
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