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  1. Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit in March widened to 2.4 billion euros, from a deficit of 1.32 billion euros in February, Bank of Greece (BoG) data showed on Monday. In March 2022, the balance showed a deficit of 2.53 billion euros, while in March 2021 the curr...

    4%

  2. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other income, after deducting significant trading income items ...

    4%

  3. Athens looks for improving mood rather than tangible outcome from Erdogan visit
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    Athens sees the High-Level Cooperation Council between Greece and Turkey, due to take place this Thursday, as yet another opportunity for both sides to retain the positive mood in bilateral relations, which has existed for roughly the last 10 months. Ho...

    4%

  4. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

    4%

  5. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    , with occupancy rates in Covid ICU units remaining at more than 70 pct. Meanwhile, wastewater monitoring... to the fact that Greece will have more scheduled direct flights from the US this summer than ever before. On Wednesday, Mitsotakis cut the ribbon on the newly renovated Macedonia airport in Thessaloniki, one

    4%

  6. Industrial production continues decline with 7.2 pct drop in August

    EconomyMacroeconomy

    recorded in motor vehicles (-48.4 percent), textiles (-37.3 percent), mining or metal ores (-30.0 percent

    4%

  7. Greece's industrial production shows no signs of reversing the negative trend

    EconomyMacroeconomy

    ), production and distribution of electricity (6.8 percent) and mining of metal ores (4.8 percent).

    4%

  8. Fall in industrial production speeds up in October with 5.2 pct drop

    EconomyMacroeconomy

    ) and mining of metal ores (11.7 percent).

    4%

  9. Drop in industrial production accelerated in November with 6.1 pct decline

    EconomyMacroeconomy

    vehicles (22.8 percent) and mining of metal ores (11 percent).

    4%

  10. Industrial turnover rebounds by 10.5 pct in June after three months of decline

    EconomyMacroeconomy

    (down 100 percent), while mining of metal ores as well as leather and related products showed a sharp

    4%