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  1. Overall loan interest remains at 4.34 pct in December

    EconomyMacroeconomy

    corporations remained at 4.34 percent in December, unchanged from November, data from the Bank of Greece... percentage points from 4.15 percentage points in November. The overall weighted average interest rate on all... to 0.35 percent, again almost unchanged from November.

    4%
  2. Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in November, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The current month’s... by 1.5 percent after a slightly upward revised increase of 3.7 percent in November. As with sales... by 3.2 percent compared to November, while volumes fell by 3.2 percent month-on-month. The latest

    4%
  3. Growing concerns over second lockdown in food service sector, a key employer
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    is threatening to overwhelm the country’s healthcare resources. As of November 2, intensive care cases had reached a record 153 patients. From Tuesday, November 3, restaurants, bars and cafes in the Athens area... to suspend operations will receive a VAT holiday up to April 30, 2021 for amounts payable in November

    4%
  4. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    consultation with the latest Article IV report issued in November 2019. Since both previous official... unchanged from the November 2019 DSA. Out of the 36.5 billion euros of general government cash reserves... assumed in November mostly due to the impact of fiscal and growth. Gross Financing Needs (GFN

    4%
  5. Industrial production drops by 3.7 percent in Oct
    Image via www.viohalco.com

    EconomyMacroeconomy

    in the water supply index (+0.7 percent). According to the latest business survey for November released... for November decreased to 42.3 points from 48.7 points in the previous month. As in previous months... client demand. Export orders also fell markedly in November. Manufacturers reported reduced demand

    4%
  6. Deposits rise by 3.16 bln in Nov on higher sight savings, aggregate triples YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 3.16 billion in November, up... billion. In November last year, net deposit movement was negative by 180 million euros. A breakdown... in November to come to 168.68 billion.

    4%
  7. Industrial production up by 3.3 percent in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    following a revised increase of 8.9 percent in November, Hellenic Statistical Authority (ELSTAT) data... in November for the first time since March. Month-on-month (MoM), the index rose by 1.5 percent after an increase of 6.2 percent in November. The annual movement in the index was driven largely

    4%
  8. Covid-19 stretches health system again, putting reopening of shops in doubt
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    the fate of Dimitris Koufodinas, the convicted hitman of the November 17 urban guerrilla group... almost 20 years ago for murdering 11 people while November 17 was active. New Democracy argues... prison transfers and furloughs, which some opponents saw as being designed to allow the November 17

    4%
  9. Newsletter 286 - 26/02/2021

    Newsletters

    the previous review in November. The report notes two significant education reforms: the vocational... restrictions remain in place since November. The Commission estimates support initiatives in 2021... compared to 1.26 billion euros in November. In December 2019, the balance showed a deficit of 572.3

    4%
  10. Data for total revenues in Q2 reflects recovery from end of lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    statistical agency also presents the impact of the two lockdowns, in March and November... to 13.3 pct of companies in the November 2020 lockdown. The most notable difference between the two... enterprises suspending operations in November 2020, against 85 pct in the first, and stricter

    4%