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Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomypercent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance... in May, taking the balance to 68.92 billion euros. Within corporate lending, the balance of credit
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsweekend that the plan will be announced in May, without waiting for the outcome of the EU summit... the announcement before his official visit to the US in mid-May, and that some of the measures may come... to Gazprom in May will be paid in a way which does not violate EU sanctions, the available options
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Macroeconomic fundamentals for Greece
Agora. The citizens may ascertain what parties can rise above the daily shouting and present a reasoned view... to another. Fundamentals in economics are forces and parameters that operate below the surface and may.... For instance, in managing the macroeconomy, one may talk about the level and growth rate of potential real GDP
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Mitsotakis sticks with stability mantra as SYRIZA looks for new approach
PoliticsGreek PoliticsKyriakos Mitsotakis is sticking to the formula that won him a landslide victory in the May 21... to increase its share of the vote on May 21, compared to 2019, but also the actual number of votes... at least one of these parties to make it into the next Parliament. Mitsotakis may also face voters
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ND doubles down on tax as leaders target weak spots on electoral map
PoliticsGreek Politicsthey underperformed in the May elections. The row over tax policy which started last week continued over... in the day by Haris Theocharis, who until may had been the leader of ND’s parliamentary team... percent of ND voters in the May elections planned to stick with the party in June, while the lowest
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Newsletter 384 - 09/06/2023
as strongly as they did on May 21 and hand New Democracy a clear majority, and with that a second four... is the possibility that centre/centre-left voters who backed ND on May 21 may feel that because of the centre... later this month. The ND leader encouraged those who voted for his party on May 21, just over 2.4
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyin March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually... Manufacturing PMI remained in expansion territory in May, although it fell marginally to 51.5 points, from... that the conditions in the Greek manufacturing sector have improved, though May was the slowest
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Newsletter 508 - 12/06/2026
by ELSTAT this week. Prices in May grew by 5.2% YoY, almost unchanged from the 5.4% seen in April... - which pushed that segment up by 11.5% YoY in May - several other components are recording...%, and natural gas jumped by 21% YoY in May. Although headline food inflation was 3.5% YoY, some
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SYRIZA to test coalition with censure motion but victory unlikely
PoliticsGreek Politicsthat threatens the coalition's survival. Some of the dissenting MPs may use the threat of the censure.... There may also be a feeling in SYRIZA ranks that given the displeasure of some ND lawmakers... that fears the party may be becoming too conformist. For Tsipras, a face off with the government may
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PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?
PoliticsGreek Politicsto unite with PASOK at the European Parliament elections in May in a potentially significant move... the political stage in May. The movement, often dubbed the Greek Olive Tree in reference to a similar... a move that would antagonise SYRIZA at the moment as he believes the two parties may have the chance
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