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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2
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Athens eyes multiple benefits from joining China-backed 17+1 initiative
PoliticsForeign Policycalled 16+1 group, becoming the 17th member of the collective. The Dubrovnik meeting last Friday... clearly expressed his intention to join the 16+1 group (11 participant states are EU member states... of what will be called from now on the “17+1 initiative,” a significant step for the summit
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CPI rises by 1 pct in April
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent... percent, from 0.8 percent in the March rolling period. Month-on-month, the CPI in April rose by 1 percent...-on-month, the HICP showed an increase of 1 percent. The overall CPI increase on an annual basis was driven
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankinghalf in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammeand the formation of a modern public administration and a modern State. In the context of restoring fiscal... worth 1 percent of GDP each will be implemented. This was a discussion that was conditional... will be 1:1. IAPR will also be able to benefit from the public sector mobility scheme, with full
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BoG provides insight into Greece’s housing affordability problem
EconomyFeatures% of disposable income dedicated to loan payments. An index value of 1 or higher indicates affordability, while a value below 1 suggests the market is unaffordable for the median household... neighbourhoods of the wider Municipality of Athens (2nd–7th districts), the index is above 1, suggesting
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Episode 8 - Athens: An ancient city grappling with modern problems
AgoraIn this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot...
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomylow of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1... at 994 million. The MoF aims to collect an additional 1 billion euros in the second half of 2014, which
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday... from 43.85 billion in October. This reflects a 1 billion rise in main refinancing operations, while
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyGreece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG). In absolute terms, travel receipts were up... a rise by more than 1 billion YoY. As already evident in previous months, the double-digit growth
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