Search
-
Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros in Q1 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q1 debt movements reflect a drop of nearly 2.5 billion euros in repos and lower Financial Stability Mechanism (FSM) loans
2% -
Newsletter 428 - 21/06/2024
to yield results in the form of a drop in inflation, however he acknowledged that the real goal... by manufacturing, industrial turnover jumped by 18 pct in April, from a drop of 6.1 pct in the previous
2% -
Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingthat Thrivest executes its own, which will see the Greek state holding drop to 35-37 pct. In this way... participation in the Hercules III APS will drop its NPE ratio to 3 pct, from 60 pct that is the respective
2% -
June unemployment rate at 9.6 pct as seasonality favours labour market
EconomyMacroeconomyof 2023, amounting to 456,663, a 15.8 percent drop. Unemployment dropped back below the half million... drop of 4,800 jobs. For the first half of 2024, the hiring balance was positive by 339,208 jobs
2% -
Late Easter helps retail sales rise by 14.3 pct YoY in May
EconomyMacroeconomyGreece’s retail sales jumped in May with a 14.3 percent year-on-year (YoY) rise, after an 1.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday..., the seasonally adjusted index rose by 10.8 percent, after a 5.9 percent drop in the previous month. The volume
2% -
Utilities and energy drive industrial production rise of 9.5 pct in June
EconomyMacroeconomy, after a drop of 3.4 percent in the previous month. The annual movement in the index reflects a 5.2... in water supply, partially offset by 0.8 percent drop in manufacturing and 5 percent in mining
2% -
Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomycompared with the same month of 2023, amounting to 465,167, an 11.8 percent drop. Unemployment... last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs. For the first half of 2024
2% -
Newsletter 432 - 06/09/2024
by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop.... The ministry said that Greece had the largest drop in unemployment, the cumulative growth
2% -
Deposits resume growth in Aug, rising to 195.36 bln
EconomyMacroeconomyThe net private sector deposits in the Greek banking system resumed growth in August with a rise of 1.4 billion euros, after a 607-million-euro drop in July, according to the latest Bank of Greece... billion euros, after an 868-million euros drop in July.
2% -
New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomyaccelerating from 2.1 pct this year to 3.6 pct in 2025. The unemployment rate will drop to 9.7 pct in 2025... of this year. The longer-term horizon estimates debt-to-GDP to drop to just short of 115 pct of GDP
2%