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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05..., after an inflow of 471 million euros in May. Within corporate lending, the flow of credit to non... loans had an outflow of 152 million in June, from inflow of 26 million in May and the balance
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomydecline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May... Easter last year fell on May 5th, compared to April this year, leading to stronger sales this year
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
EconomyMacroeconomyof 31.6 percent YoY seen in May, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in May reached 2,566, from 2,418 in June 2024... grounds. May was the first positive reading of 2025. On a regional basis, the picture was mostly
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Cancelled leaders' meeting in US emphasises stalemate in Greek-Turkish relations
PoliticsForeign Policy. First, that Turkey may seek to begin new sea research in the Aegean Sea or the Eastern Mediterranean... not been able to meet for over a year now and their two foreign ministers talked in person, last May... agree to his request to stop purchasing Russian oil and said that he may lift US sanctions on Ankara
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Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
PoliticsGreek Politicsby five months to May next year. According to official figures, the absorption of the scheme is at 65... “surprise” in the upcoming 2026 budget debate, suggesting that additional relief measures may... of delayed subsidies, housing pressures, and public service restructuring may yet test that narrative
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Boosted by polls, PM uses Iran war to reassert control, shut down election and reshuffle talk
PoliticsGreek Politics, SYRIZA at 5 pct, and Voice of Reason at 3 pct. The most consequential finding, however, may lie... headline figure of 25.5 pct may understate its true potential support. The reasons for this drift are not difficult to discern. The poll suggests that undecided voters may be responding both
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Immunity vote becomes test of nerve for New Democracy as public support slips
PoliticsGreek PoliticsMakis Voridis and MP Stelios Petsas have already signalled they may not support all 13 cases... in May, Mitsotakis is expected to use today’s pre‑congress event in Heraklion to reinforce messages... no signatures are expected this week, discussions at leadership level may open the way for future programmes
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Newsletter 502 - 24/04/2026
themselves as undecided, while a further 12.4% back “other” parties — a category that may soon.... The support package may buy Mitsotakis some time. But the public mood and the force of Kövesi’s... month: the subsidy on diesel at the pump into May and on fertilisers up to August. The rest
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Rising prices and energy pressures threaten to undermine 2026 outlook
EconomyMacroeconomystructural issues in the economy that cap its longer‑term growth potential. We think these estimates may... HICP this week showed Greece climbing further to 5% in May, from 4.6% previously, giving Greece... for households, while investment plans may have to be reconsidered. ELSTAT is due to release Q1 GDP this week
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Electricity main driver for industrial production rise of 2.1% YoY in April
EconomyMacroeconomyCommission’s latest business surveys for May, industry confidence jumped to 7.9 points, from 2.6.... In addition, manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed. Growth in May accelerated to one of the strongest rates of the past year and remained
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