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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyhave managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans
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Growth in building permits slows to 4.3 pct YoY in Jan
EconomyMacroeconomy, where it reached 42 percent, while the largest decline was recorded in Epirus with a drop of 25.5
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Retail sales remain on upward path, rising by 16.8 pct YoY in Feb
EconomyMacroeconomya drop of 0.8 points in March to 113.2 points.
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Across-the-board price hikes bring CPI rise of 10.2 pct in April
EconomyMacroeconomypartially offset by a drop of 2.7 percent in communication. Reflecting the impact of the energy crisis
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Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
EconomyMacroeconomy. The debt stock will drop further in 2022 to 186 pct of GDP and down to 180 pct of GDP, thanks
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Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise
EconomyMacroeconomyby a 38.9 percent rise in manufacturing revenue, partially offset by a drop of 7.8 percent in the mining
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New energy subsidy scheme nearing launch as public remains sceptical
PoliticsGreek Politics. There was, though, a drop in the percentage of undecided voters, from 11.4 to 9.8 pct. The survey indicates
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingThe Group’s net loans amounted to 37.8 billion euros in Q1 2022, a drop from 39.4 billion in Q1 last year
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Growth in building permits rises to 13.7 pct for Feb after slow start
EconomyMacroeconomywas recorded in Epirus with a drop of 34.8 percent. In general, the annual fluctuations are affected
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NBG profits narrow to 208 mln in Q1
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 208 million euros from continued operations in Q1 2022, compared to a profit of 583 million euros in the same quarter of 2021, a drop of 64 pct. Pre-provision income (PPI) stood at 301 million euros, down by 55 pct on the 662 million
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