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  1. Building permits turn negative for first time in more than a year, falling by 10 pct in April
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in building permits stopped in April, dropping by 10 percent year-on-year (YoY), after it had slowed down in March, rising by 2.8 percent, according to the latest data released... points in June. Construction is now roughly 30 points down from August last year.

    2%

  2. Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
    Photo by MacroPolis

    EconomyBanking

    at 5.9 percent in H1, down by 8.1 percentage points (pps) year-on-year, while NPE coverage increased... unchanged in H1 at 11.6 billion euros, slightly down from 11.63 billion euros of TLTRO III loans

    2%

  3. Spying scandal triggers high-level resignations, serious questions for government and PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    After evading and playing down for weeks claims it was spying on journalists and political rivals, the government was rocked on Friday by the resignation of the Prime Minister’s general secretary... the government’s attempts to play down the resignations, the fact that a close aide to the PM

    2%

  4. Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained at record high levels in July, rising by 11.6 percent year-on-year, though it did slow down from the 12.1 percent seen in June, according to the data... was down by 1.6 percent. In July, the annual CPI movement was led by a 13 percent increase in food

    2%

  5. Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The index has been slowing down for three months in a row, with rises of 37.7 percent in May, and 39.1... extraction of oil and gas was down by 6 percent. In terms of industries, energy led the import price

    2%

  6. Opposition pushes for phone-tapping probe as early polls claim limited damage to ND
    Photo by MacroPolis

    PoliticsGreek Politics

    the last opinion poll earlier in the summer, bringing the ruling party’s backing down to 31.4 pct.... The decline in ND’s support has been played down by party officials and friendly commentators, who

    2%

  7. Seasonality drives retail sales up by 12.1 pct in Jun, but cost-of-living crisis evident in volume data
    Photo by MacroPolis

    EconomyMacroeconomy

    with fuels down by 8.9 percent, and modest rises in food by 2.6 percent and non-food by 1.4 percent.... Sector sentiment is down by 9 points since September 2021. Overall economic sentiment (ESI) reversed

    2%

  8. Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    for the over 65-year-olds. Broken down by employment status, 11.3 pct of employed are at risk of poverty... exclusion has dropped below three million at 2.97 million people, or 28.3 pct of the population, down from

    2%

  9. Newsletter 350 - 09/09/2022

    Newsletters

    deficit jumping to 13.16 billion euros. There was also a slow-down in the quarterly growth, where... Although the growth of the trade deficit slowed down, it still jumped by a notable 33 pct in July

    2%

  10. Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020

    EconomyMacroeconomy

    . The index has been slowing down for three months in a row, from the 39.1 percent peak rise in April... released by ELSTAT last week remained at record high levels of 11.4 percent, though it did slow down

    2%