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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
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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
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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
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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
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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
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Sale of defence manufacturer stokes opposition criticism amid bid to bolster regional ties
PoliticsGreek Politicsoffered around 3 million euros, an amount similar to what it paid to acquire the initial 47.6 pct
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Consumer and retail confidence deteriorate further in Aug due to cost of living
EconomyMacroeconomySeptember 2024, industry confidence is up by over 3 points. The services index was marginally lower
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
EconomyMacroeconomyin the previous month. In August 2024, the CPI was up by 3 percent YoY. The highest annual increase
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policythat Greece submitted a letter to the United Nations on September 3 in response to Libya’s May 27
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