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Industrial production drops by 0.2 percent in July
EconomyMacroeconomydrop in the electricity supply index, followed by the mining and quarrying index (-4.4 percent... a pick-up in business confidence to a six-month high, Markit noted. At the same time, the rate
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Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
EconomyBankingbillion, edging up by 0.2 percent QoQ. Loans to non-financial corporations (NFCs) stood at 8.91... proprietors and unincorporated partnerships came to 5.53 billion, representing a drop of 3.2 percent
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyfor the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone... revenues are suffering from due to the crisis. These fiscal dynamics will push Greek debt up above
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomyoffset by a 3.1 billion drop in the balance of goods deficit as well as the improvement in the primary.... In the first eight months of 2020, a surplus of 1.42 billion was registered, up by 1.16 billion YoY
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Govt scurries for effective Covid-19 response as opposition finds more holes to pick
PoliticsGreek Politicscapacity for emergency treatment in Athens and Thessaloniki is rapidly being taken up, although Petsas... businesses in the industry are on the verge of bankruptcy after seeing revenues drop by around 70 percent
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PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politicsup for the reduced timetable. Having already closed secondary schools, the government has the option... SYRIZA has seen a slight drop to 22.7 pct since October. The main winner of these small fluctuations has
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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomy, this is due to a decline in the services surplus, which was partly offset by a 3.3 billion drop... of 2020, a surplus of 1.33 billion was registered, up by 1.26 billion YoY. The financial account
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking, PPI reached 262 million in Q3 from 285 million in Q2, a drop of 8 percent quarter-on-quarter (QoQ... reached 4.5 billion at the end of Q3, rising further to 5.4 billion up to mid-November and passing
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Exporters focus on new markets to weather pandemic
EconomyMacroeconomyfor Greek exports has experienced a shake up during the first nine months of the year, while exporters... to the global drop in demand due to the pandemic.
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomythe fastest since data collection began in May 1999. The decline stemmed from a notable drop in new order... restrictions and higher raw material prices drove input price inflation up leading to the fastest rise in costs
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