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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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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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Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
EconomyMacroeconomya revised drop of 1 percent in October. This in turn was the third consecutive negative drop... points in January. Retail trade picked up to a positive reading of 1.8, representing an improvement... to stand at -54 points and retail trade confidence picked up to 2.3 points. During 2017, retail trade
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Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop
EconomyMacroeconomya 3.6 percent drop in foreign arrivals. The average expenditure per trip rose by 10.3 percent... of all trips by foreigners in Greece were for personal reasons, up slightly from 92 percent in 2018... through road border crossings dropped by 12.7 percent. Visitors from within the EU 28 made up 62.8
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CPI slows to 9.1 pct YoY as electricity and natural gas prices drop MoM
EconomyMacroeconomy, after increasing by 2.9 percent in September. This is the third monthly drop in the last four months. In October 2021, the CPI was up by 3.4 percent YoY. The prices index was in deflation for the 12...-restaurants and 2.5 percent rise in recreation. These were partially offset by a drop of 2 percent
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politicson Thursday evening as it showed a significant drop for Prime Minister Kyriakos Mitsotakis’s centre-right... of the movements that have taken place over the last month as its support went up from 5.9 pct to 6.6 pct.... Their support went up from 2 to 2.4 pct. Mitsotakis’s personal popularity does not seem to have been
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Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months
EconomyMacroeconomypercent, after a 0.8 percent drop in the previous month. The volume’s monthly movement was up by 1.5...), after a drop of 1.7 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday... in volume data dissipated, with fuels up by 4.9 percent, a 0.4 percent rise in foods and non-food
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Producer prices soar by 43 pct YoY in May, but see first monthly drop since Aug 2021
EconomyMacroeconomy, with one more explosive rise in May, shooting up by 43 percent year-on-year (YoY), having jumped... of 2020, and up until March 2021, when it grew annually by 9.1 percent. It has been growing ever... of 2.5 percent in April. This is the first monthly drop since August last year. The rise
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomypercent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical... (+1.7 percent), while the industrial turnover for the euro area countries was marginally up by 0.2..., capital goods and consumer non-durables recorded a drop of 5.6, 3.3 and 0.7 percent respectively
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyconsiderable drop by 52 bps to 5.59 percent for loans up to 250,000 euros. For higher loan amounts... on new deposits eased by 1 basis point (bp) to 1.09, largely reflecting a 5 bps drop... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop
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