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Drop in Greek industry's turnover index slowed to 4.1 pct in Jan
EconomyThe drop in Turnover Index in Industry decelerated to 4.1 percent in January from a double-digit... drop (-13.7%) for the non-eurozone countries, which more than offset a rebound in the turnover... of coal and lignite boosted 167 percent, followed by computers, electronic and optical products (up 96
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Import price growth slows further to 11 pct in Dec, records back-to-back monthly drop
EconomyMacroeconomyat 6.3 percent. Month-on-month, the index posted a drop of 2.6 percent, after a sharp fall of 7.4... by mining of coal and lignite with 151.3 percent, then manufacture of refined oil products up by 17.6 percent. Food products followed with 16.2 percent increase and paper products were up by 16 percent
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Energy leads 1.4 pct YoY drop in producer prices for Oct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in October, with a drop of 1.4 percent... in the previous month. Over the rolling 12-month period, the index is unchanged, from 0.1 percent drop... with a 6.3 percent growth, electricity down by 2.8 percent, and chemicals up by 1.5 percent. Goods
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Price rises moderate further in Mar on annual basis, but pick up MoM
EconomyMacroeconomyand health up by 5.6 percent. These were partially offset by a consecutive drop in housing by 10.4.... In March 2022, the CPI was up by 8.9 percent YoY as the wave of inflation was picking up momentum.... Month-on-month, the HICP was up by 1.6 percent. In March, the annual CPI movement was led by a 14.3
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingbanks clean up their balance sheets is a few steps away from coming into effect after the Finance.... At this stage, the Greek state is to offer up to 12 billion euros of state guarantees for an initial period of 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model
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Newsletter 411 - 09/02/2024
the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... to dissuade farmers from scaling up their protests fell through this week, while the European Parliament also... to step up their protests following a meeting in central Greece. The agricultural sector workers were
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Is Greece on track to decouple from fossil gas?
Agorasustainability of the country's energy model. LNG terminals Firstly, the plans regarding at least two new.... Therefore, there is a serious risk that the planned new LNG infrastructure will end up being stranded... production will drop from 14.6 TWh in 2023 to 11.7 TWh in 2030. With such a limited use of gas
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according... deposits decreased by 510 million euros to 118.7 billion euros, while redeemable at notice were up
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomypercent. The recovery is attributed to a deceleration of the drop in consumption due to a slower.... The highest increase in the first half of the year was recorded in corporate loans, up by 5.8 pp to 29.2 percent, followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraof sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... percent, while the cash coverage ratio edged up to 69.5 percent. As expected, the NPE pile fell... stayed almost flat QoQ in Q4, while the full year figure edged up 0.9 percent. The NII performance
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