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  1. Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    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

    6%

  2. Number of unemployed falls 18.2 pct in Sep, overall unemployment rate down to 10 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    people in September compared with the same month of 2022, amounting to 467,804, a drop of 18.2 percent... percent, while the rate for men stood at 8 percent, a drop of 1.4 pps year-on-year. Youth unemployment

    6%

  3. Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 916.3 million euros in 9M 2023, compared to a profit of 924.2 million euros last year, a drop of under 1 percent. The profit was adjusted by normalising... and restructuring costs. Net profit was 980.1 million euros vs. 1.11 billion euros in 2022, a drop

    6%

  4. Inflation in October doubles to 3.4 pct, food inflation nears 10 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    by a drop of 2 pct in housing costs due to price reductions in rentals for dwellings, services... also down by 3.2 pct and transport also had a marginal drop of 0.4 percent due to vehicle prices

    6%

  5. Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros in Q3 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday. The Q3 debt movements reflect a drop of nearly 4 billion euros in repos and lower FSM loans by half a billion, partially offset

    6%

  6. Economic sentiment stable in Nov, consumer confidence slides further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) had a marginal drop of 0.4 points in November to 106.2, from a 1.4-point drop in the previous month, according to European Commission figures released on Monday. Sentiment had been improving since October last year, however it has now recorded back-to-back declines

    6%

  7. Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to 453,783, a drop of 17.9 percent. Unemployment has now breached the half million-mark after it peaked... (pps) year-on-year and came to 12.1 percent, while the rate for men stood at 7.6 percent, a drop

    6%

  8. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    were led by a drop in final consumption by 0.5 percent QoQ. Investments decreased by 1.8 percent. Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led

    6%

  9. Nov headline CPI at 3 pct, food price inflation three times higher
    Image: MacroPolis

    EconomyMacroeconomy

    percent. These were partially offset by a drop of 1.2 pct in housing costs due to price reductions..., heating oil and solid fuels. Communications were also down by 3.2 pct and transport also had a drop

    6%

  10. How Greece reduced its unemployment rate to less than 10 pct
    Image: MacroPolis

    Agora

    and commerce fully reflect the property market’s difficulties, which saw prices drop by 40 pct... for 2021 by ELSTAT shows a significant drop in foreigners, with some 100,000 fewer Albanians, 40,000 fewer

    6%