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  1. Marked drop of 50 bps in new time deposit rate in July amid capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    After remaining broadly stable at around 1.8 percent since last December, Greek households’ new time deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according to the Bank of Greece (BoG). This is the lowest reading in the post-euro era and reflects the banks

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  2. PMI at 50 points in Dec as manufacturing shows signs of stabilisation

    EconomyMacroeconomy

    Greece’s Manufacturing PMI slightly fell to 50 points in January from 50.2 in December, Markit survey showed on Monday. The latest figure signals a stabilisation in the manufacturing sector on broadly unchanged operating conditions. The data showed marginal drops in volumes of output and new orders

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  3. NBG reports full year net profits of 50 million euros from continued operations
    Image via www.nbg.gr

    EconomyBanking

    operations in 2018 came to 50 million euros compared to a loss of 158 million in 2017. Core pre

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  4. Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    consecutive rise. The BoG figures also revealed that banknotes in circulation rose by 50 million euros

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  5. PM unveils 50 more ICU beds as Covid-19 death toll passes 500
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis inaugurated a new intensive care unit at a public hospital in Athens on Monday as the government steps up its efforts to respond to the coronavirus challenge. The unit, housing 50 beds for patients needing intensive care, was constructed over the last two months

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  6. PMI rises to 50 points in January on hopes of vaccine roll-out

    EconomyMacroeconomy

    Greece’s manufacturing PMI rose to 50.0 points in January from 46.9 points in December, according to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals unchanged operating conditions in the Greek manufacturing

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  7. Newsletter 210 -07/06/2019

    Newsletters

    , doubling of FDI and increase of exports to 50 percent of GDP by 2025, halving of prepaid tax... officials to give the new government the space it needs to implement its programme. “The 2020 budget... eurozone counterparts, Greece is due to send its draft 2020 budget to the European Commission

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  8. Speculation over polls heats up as parties battle over cost-of-living measures
    Photo by MacroPolis

    PoliticsGreek Politics

    budget. The government is not hiding its hope that negotiations in Brussels will deliver a substantial EU... as they could impact growth, inflation and borrowing costs. Some relief for the budget came from... in September to around 800 million, and may not require input from the national budget. Meanwhile

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  9. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    Greece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures... Budget (PIB) surplus (857 million). This offset the lower revenues for the period (389 million

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  10. Budget primary surplus of 1.19 bln in Jan markedly better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from

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