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  1. Industrial turnover growth slows to 6.7 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. Monthly, the domestic market was up by 8 percent while the foreign markets were down... readings. Since April last year, industry confidence is down by 1.1 points. Overall, economic

    2%

  2. Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
    Photo by MacroPolis

    EconomyBanking

    with cash was 40 percent, down from 48 percent in Q1 2022. P&L NII was 424 million euros in Q1, up by 51... in Q1, from 106 million euros last year. Trading income was down to 24 million euros, from 120

    2%

  3. CPI moderates to 3 pct, but food inflation persists at 11.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in electricity, natural gas and heating oil. In March there was a notable drop in electricity that was down 29.9 percent annually, while natural gas also dropped by 25.1 percent. Heating oil moved down by 20.7

    2%

  4. Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct

    EconomyMacroeconomy

    this year. The index peaked in April last year with a 39.1 percent rise. Growth has been slowing down... by extraction of oil and gas down by 31.2 percent, then basic metals fell by 3 percent. The monthly

    2%

  5. EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    consumption is expected to cool down this year due to lower real disposable income and negative saving... estimate for 2024 is revised slightly down to 1.9 pct, from 2.4 pct in the previous estimate, as Greece

    2%

  6. Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
    Photo by MacroPolis

    EconomyBanking

    percent in Q1, down by 1.6 percentage points year-on-year, while NPE coverage increased by over 4..., down 11.6 percentage points YoY. The Q1 cost of risk - or provisions over average net loans - was 75

    2%

  7. Trade deficit narrows in April, though exports drop by 4.3 pct
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    products and ships, the aggregate deficit was down by 10.4 percent, at 7.38 billion euros. Year to date... markets were down by 6.6 percent at 13.99 billion euros. Exports to EU countries increased 17.3

    2%

  8. Car sales pick up pace in May, up 13.8 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time accelerated in May, rising by 5.6 percent year-on-year (YoY), after slowing down to 1.1 percent in April, according to Hellenic... annually. Passenger cars are up by 15.3 percent, lorries increased by 4.3 percent and buses down by 1.2

    2%

  9. Mitsotakis enters last week of campaign with confidence, high ratings
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    targets for the second four-year term, but also promised to clamp down on tax evasion. He suggested... to step down from his current position, and pointed out in a recent interview with Kathimerini

    2%

  10. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    average ESI stood at 94 points in June, down from the 95.1 points of the previous month. The euro area’s ESI was 95.3 points, also down from the 96.4 points of May. June’s consumer confidence

    2%