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Trade deficit falls sharply in May, at 13.41 bln in 5M
EconomyMacroeconomyand the value of ships, imports decreased by 11 percent, while exports rose by 3 percent. Stripping
6% -
Energy drives drop of 4.2 pct YoY in import prices drop for June
EconomyMacroeconomypercent, refined oil products with 3 percent and oil and gas with 2.1 percent. In terms of industries
6% -
Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomybalance reached a surplus of 3 billion euros, from 2.76 billion euros in 2024. Receipts were 4.35
6% -
Travel receipts maintain momentum in May with 17.7 pct YoY rise
EconomyMacroeconomybalance to 3 billion euros, an increase of 8.9 percent. The average expenditure per trip rose by 10.4
6% -
Economic sentiment improves in July, consumer confidence continues to slide
EconomyMacroeconomyThere was a solid rebound in Greece’s economic sentiment (ESI) in July to 109.1 points, from 106.1 in the previous month, according to European Commission figures released on Wednesday. Over the rolling 12-month period, July’s ESI is up by 3 points from August 2024. The average ESI in the EU stood
6% -
Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingeuros, from 3 million euros in the previous year. Total operating expenses stood at 436 million euros
6% -
Newsletter 473 - 01/08/2025
and over 3 points respectively. Retail Seasonality pushed retail sales down sharply in May with a drop
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OPEKEPE scandal dogs PM as speculation about next elections intensifies
PoliticsGreek PoliticsParliament from 3 to 5 pct. In the past, the PM has shown reluctance to tinker with the election
6% -
Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomyin manufacturing, and a 16.2 percent increase in mining, partially offset by a 3 percent drop in water
6% -
PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politics3 to 5 percent, a move that would shrink the field of represented parties and, by default, ease
6%