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  1. Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching

    84%

  2. Wages index grows by 5.5 pct in Q1, slows from previous quarter
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index kept the strong growth trend rising by 5.5 percent year-on-year, from an upwards revised 8.8 percent in the last quarter of 2022, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings

    84%

  3. Drop in energy prices bring import index down by 5.5 pct YoY in Oct
    Image: https://flic.kr/p/4nopDC

    EconomyMacroeconomy

    Greece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive

    84%

  4. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5... at 242 percent. Net loans came to 35.82 billion euros. Eurosystem funding stayed at 5.5 billion

    72%

  5. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    by 11.1 billion euros to 327.6 billion mainly reflecting state arrears payments of 5.5 billion... (1.3 billion), development of Hellenikon (345 million), sale of real estate and shares (277 million

    65%

  6. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    . However, the monthly data points to a primary cash deficit of 277 million euros in May from a small... revenues rose by 8.2 percent in May and 5.5 percent in the 5-month period to 17.18 billion

    65%

  7. First round of local elections leave Greek politics finely balanced
    Photo by MacroPolis

    PoliticsGreek Politics

    Democracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis... incumbent Giorgos Kaminis all the way. According to Interior Ministry projections Kaminis was expected

    59%

  8. With eye on elections, Tsipras talks up public sector hirings
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to be beaten in those ballots and it would risky to hold a national vote in the wake... with 4,500 next year. Meanwhile, the Interior Ministry estimates that there are roughly 35,000

    59%

  9. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    severely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island... politician met with EU interior ministers on Tuesday in Copenhagen, where he pressed for faster

    59%

  10. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    and means that the primary surplus target was beaten by 1.48 billion euros. The fiscal performance... a temporary increase of 5.5 percent in June. The 7-month figure fell 5.8 percent to 23.65 billion

    55%