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  1. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

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  2. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

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  3. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. The outstanding balance of central bank

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  4. Wages index up by 2.2 pct in Q2 for ninth straight increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages index captures employees’ gross earnings, including

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  5. Credit growth in May slows to 2.2 pct; monthly flow -17 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday. The net lending flow was negative, with a 17 million-euro net decrease in lending compared with a decrease of 787 million euros in April

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  6. BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
    Photo by MacroPolis

    Economy

    . The BoG sees the economy growing faster than it was previously thought, up to 2.2 pct, from 1.5 pct

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  7. Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
    Image via www.helpe.gr

    EconomyMacroeconomy

    percent in the previous month. Over the rolling 12-month period, the index decreased by 2.2 percent

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  8. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    . Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2 percent... of institutions independence and the rule of law as strong institutions lead to robust growth rates and higher... that the European Commission estimated in its latest post-programme report in the volume of 1 percent

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  9. Scope leaves rating unchanged at 'BBB', ups outlook to positive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the euro area, supported by robust domestic demand, a thriving tourism sector, and a wave..., and the labour market, have further strengthened growth fundamentals. Scope sees 2025 growth at 2.2 pct...-term fiscal risks. The country’s potential growth is estimated at just 1.25 pct. Externally, Greece’s

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  10. Newsletter 451 - 14/02/2025

    Newsletters

    countries. With the latest data up to November last year, Greek exports to the US were just under 2.2... for 7.7 pct of Greek exports of food and live animals, followed by oils and fats (7.2 pct), machinery... by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total exports fell below 50 billion

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