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Eurobank posts Q1 net profit of 70 mln
EconomyBankingpercent, down from 12 percent in Q4.
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent in February, Hellenic Statistical Authority data showed on Monday. The index has now dropped in 12 of the last 13 readings, showing the impact of Greece’s lockdowns. The corresponding volume index fell
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Launch of new insolvency process may carry political significance
PoliticsGreek Politicstheir property from a state body and then being given the chance to re-purchase it 12 years later
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Newsletter 299 - 04/06/2021
their property from a state body and then being given the chance to re-purchase it 12 years later
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CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.1 percent year-on-year (YoY) in May compared to a decline of 0.3 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The average CPI for the rolling 12 months fell by 1.5 percent. Month-on-month, the CPI for May
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Newsletter 300 - 11/06/2021
showed. The average CPI for the rolling 12 months fell by 1.5 percent. Month-on-month, the CPI for May
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June CPI rises by 1 pct YoY
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent year-on-year (YoY) in June, after a marginal rise of 0.1 percent in May, according to the latest data by Hellenic Statistical Authority (ELSTAT) released on Friday. The average CPI for the rolling 12 months fell by 1.3 percent. Month
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Newsletter 305 - 16/07/2021
with the 12 months before that. The total number of permits in April came to 2,209, whil
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Current account shows deficit of 1.4 bln in May as imports rise
EconomyMacroeconomyincrease from last year, during the first lockdown, when it came to just 12 million. Travel receipts
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Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomyGreece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 836.3 percent year-on-year (YoY). The balance remained substantially below its May 2019
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