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Imports soar in April, pushing trade deficit up by 35.6 pct
EconomyMacroeconomyGreece’s trade deficit recorded a jump of 35.6 percent year-on-year (YoY) in April, after a drop of 7 percent in March, according to data released by ELSTAT on Friday. The deficit came to 3.01 billion euros for April. Imports totalled 7.48 billion euros, rising by almost 20 percent YoY. Exports
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Lacklustre performance in EP elections raises key questions for mainstream parties
PoliticsGreek Politicssecured just 7 seats in the European Parliament, one fewer than in the last elections in 2019. Greeting
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Newsletter 427 - 14/06/2024
secured just 7 seats in the European Parliament, one fewer than in the last elections in 2019. ND lost
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Newsletter 429 - 28/06/2024
. Consumer credit had only 7 million euros of positive credit flows. In May, the overall credit growth
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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomyin May, from 7 billion last year. At the same time, total exports came to 4.1 billion euros, from
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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBanking, as it will have total assets of just over 7 billion euros, compared to assets that range between 73 and 79
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Economic sentiment falls sharply in July as nearly all segments deteriorate
EconomyMacroeconomyon the rolling 12-month. Retail trade improved marginally to 19.1 points, from 18.2 in June, now down 7 points
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Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBankingAlpha Bank reported a net profit of 322 million euros in H1 2024, compared to a profit of 303 million euros in the same period of 2023, a rise of 7 percent. Normalised profit after tax for H1 was 437 million euros, from 357 million in 2023, a rise of 23 percent. Core pre-provision income (PPI
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Main parties facing challenges as new political season begins
PoliticsGreek Politicsat the Thessaloniki International Fair on September 7. The premier will try to tread a fine line between showing
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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomyby a significant 7 pps year-on-year to 20 percent, while the rate in the 25-74 years bracket was 9.4 percent
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