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Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomy, the trend had been declining since then. The net lending flow was positive by 2.14 billion euros in September, after a 405-million euros drop in August, reversing the net contraction of recent months.... The corporate lending balance’s net monthly flow was positive by 2.05 billion euros, after a drop of 322
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyhad been moderating since. The net lending flow was negative by 856 million euros in October, after a 2.14-billion euros rise in September, returning to the net contraction of recent months.... The corporate lending balance’s net monthly flow was negative by 669 million euros, after a rise of 2.05 billion
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Is Greece on track to decouple from fossil gas?
Agora) and the reduction in total electricity consumption (-2.93 TWh), and secondarily by the increase in net... plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW... journalism project. [1]Greece is a net importer of electricity in the sense that the quantities
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
EconomyBankingPiraeus Bank posted a net profit of 284 million euros in Q1 2025, from 233 million euros in Q1 2024. Net interest income (NII) came to 481 million euros in Q1, while net fee income was 160 million euros, from 518 million and 145 million euros respectively in Q1 2024. Net trading income was just 19
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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
EconomyBankingPiraeus Bank posted a net profit of 815 million euros in 9M 2025, from 882 million euros in 9M 2024. Net interest income (NII) came to 1.43 billion euros in 9M, while net fee income was 489 million euros, from 1.58 billion and 480 million euros respectively in 9M 2024. Net trading income was 85
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomy’s performance also reflects a low base effect. The strong rebound largely reflects a strong increase of 16.3 percent in electricity production, followed by strong growth rates in manufacturing (+8.5... petroleum and natural gas more than doubled (+131 percent), while strong double digit rises were also
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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomystrong growth and improvements in the Greek manufacturing sector. Output slowed to a three-month low, but remained strong, with greater domestic and foreign demand driving production. Manufacturing firms indicated a strong expansion in new business in May, Markit said. Export orders continued
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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Accommodation and food services turnover jumps 22.2 pct in Q4 2014
EconomyMacroeconomysince 2011. However, it remains 8.6 percent below the 2010 level. The strong positive trends... to surging international tourist arrivals, up 23 percent to 22 million. However, strong volumes were... percent for the whole year, mainly reflecting the strong negative rates in the August – October period
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BoG report highlights need for programme implementation, political consensus
Economyproperty. The key conditions for strong growth rates, according to the BoG, involve restoration... to a strong carry over effect from this year. The economic activity in 2016 mostly depends... a strong signal of confidence being restored as well as attracting sources of revenue for modernsing
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