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Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
EconomyMacroeconomy159 million euros from the RRF and has allocated 111 million euros, below the revised target by 10
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomyeuros. Greece has also received 159 million euros from the RRF, with 111 million allocated so far.
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Alpha reports 211 mln profit in Q1 as NII reached 420 mln
EconomyBankingAlpha Bank reported a net profit of 211 million euros in Q1 2024, compared to a profit of 111 million euros in the same quarter of 2023, a solid rise of 90 percent. Normalised profit after tax for 2023 was 222 million euros, from 162 million in 2023, a rise of 37 percent. Core pre-provision income
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Economic sentiment improves further in May, consumer confidence dips
EconomyMacroeconomyGreece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points in the previous month, according to European Commission figures released on Thursday. Sentiment is just short of the previous high of August 2023. Over the rolling 12-month period, the ESI in May is up 1.7
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Fuel and food trigger retail sales jump of 10.9 pct in Mar
EconomyMacroeconomy, Greece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points
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Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023
EconomyMacroeconomypoints. Overall, Greece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6
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Sentiment drops marginally in June, consumer confidence improves slightly
EconomyMacroeconomyGreece’s economic sentiment (ESI) moderated slightly in June, reaching 110.6 points, from 111 points in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, the ESI in June is virtually unchanged as it was at 110.5 points in July last
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Newsletter 429 - 28/06/2024
sentiment in June to 110.6 points, from 111 points in the previous month. Consumer confidence moved up
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Led by a sharp drop in food sales, retail contracts by 1.4 pct YoY in Apr
EconomyMacroeconomy) moderated slightly in June, reaching 110.6 points, from 111 points in the previous month.
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Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek Politicsof his parliamentary colleagues during an informal gathering in his office, to which he invited the 111
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