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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
EconomyBankingby 7.4 percent YoY to 221.5 million euros. This took the cost-to-income ratio to 35.1 percent in Q1
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Travel surplus continues to grow in March, up 55 pct YoY in Q1
EconomyMacroeconomymillion euros. Payments also increased to 499.6 million, which took the overall travel balance to 233.2
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Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
EconomyMacroeconomyto insurance corporations showed a net monthly outflow of 141 million euros. This took the balance
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Newsletter 384 - 09/06/2023
billion euros in the same quarter of 2020, before the pandemic took its full effect in the Greek economy
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Fitch takes no rating action as fiscal continuity remains crucial to investment grade
EconomyMacroeconomyFitch took no action on Friday regarding Greece’s rating, re-affirming the country’s ‘BB+’ and keeping the outlook stable. Buoyed by New Democracy’s landslide win in the June 25 elections, some commentators in Greece were anticipating a possible upgrade. However, this option seemed remote as Greece
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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
EconomyMacroeconomysince 2020, after the economy took a severe hit from the pandemic. The data represents the situation
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Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months
EconomyMacroeconomybillion euros. Payments also increased to 762.6 million, which took the overall travel balance
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Bond re-opening with 4 pct yield completes debt strategy for year
EconomyThe PDMA took another cautious step on Wednesday by completing the debt strategy for the year with a small re-opening of the issuance that matures in January 2042, also rounding up the re-opening schedule for the second quarter. The transaction drew 1.23 billion euros, being oversubscribed by more
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Opposition parties jostle for position in post-election political landscape
PoliticsGreek Politicsopposition took a severe beating in May, losing by more than 20 points. Alexis Tsipras is fighting for his
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Credit growth slows to 3.1 pct in May, as flow to corporations contracts
EconomyMacroeconomya net monthly inflow of 164 million euros. This took the balance to 7.74 billion euros. Credit to sole
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