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  1. NBG reports 652 mln profit in 9M, core PPI up 14 pct
    Photo by MacroPolis

    EconomyBanking

    funding cost in 9M was 4 basis point, from 1 basis point in H1. Capital The CET1 ratio stands at 16.2

    11%
  2. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    In the European Commission’s autumn economic forecasts just released, Brussels confirmed a solid year of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece is expected to grow by 6 pct in 2022 in real terms, up from the 4 pct expected in the previous

    11%
  3. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54

    11%
  4. Newsletter 362 - 09/12/2022

    Newsletters

    to exceed 4 billion euros, after a 70.4 pct rise in the previous month. Exports grew by over 28 pct

    11%
  5. Industrial production records first back-to-back drop since 2020 in Oct
    Image via www.viohalco.com

    EconomyMacroeconomy

    percent. Offset by rises in manufacturing by 1.3 percent, 4 percent in water supply and 0.2 percent

    11%
  6. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    data point represents the general government fiscal balance over the past 4 quarters. Thus, we see

    11%
  7. Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros, right on target. Overall, the PIB balance landed at a deficit of roughly 4 billion euros

    11%
  8. Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    balance landed at a deficit of roughly 4 billion euros. Up to November, RRF intakes were 1.72

    11%
  9. Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts
    Image via www.deloitte.com/gr

    EconomyMacroeconomy

    confidence gained 4 points at -47.9 points, having now reversed the 6.7 points drop of October, which

    11%
  10. Retail and catering continued to dominate business activity, employment in 2022
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    followed closely with 241,731 workers, 10.4 pct of the total. Accommodation employs close to 4 pct

    11%