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  1. Seasonal deposit rise of 4.29 bln in Dec takes total 2021 increase near to 18 bln

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system rose significantly by 4.29 billion euros, following a rise of 1.83 billion euros in November, based on Bank of Greece (BoG) figures released on Friday. The annual growth in December mar...

    43%
  2. Loans managed by servicers stabilise near 87 bln in Q3 as securitisations conclude

    EconomyMacroeconomy

    The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q1 this year and in Q3 it stood at 86.8 billion euros, according to data released by the Bank of Greece (BoG) on Friday. This represents a minor drop of roughly 200 milli...

    43%
  3. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance in April was positive by 123,079 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year was 124,365 more hires, an all-time April record, sugg...

    43%
  4. Unemployment rate remains lodged near 11 pct after no change in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was unchanged in August, landing at 10.9 percent, the same as July after a slight upwards revision, Hellenic Statistical Authority (ELSTAT) data showed on Monday. In August last year, the unemployment ...

    43%
  5. Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln

    EconomyBanking

    The Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the proce...

    43%
  6. Property price growth slows to 7.8 pct YoY in Q3, index near prior all-time high
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed in the third quarter of 2024, increasing by 7.8 percent year-on-year (YoY) from an upwards revised 9.4 percent in Q2 2024, Bank of Greece (BoG) data released on Tuesday showed. There has bee...

    43%
  7. Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt recorded a rise of roughly 1 billion euros to 403.2 billion euros in Q2 2025, the Finance Ministry's (MoF) debt bulletin showed on Tuesday. Bonds were essentially unchanged at 98.6 billion euros, while short-term notes w...

    43%
  8. Emboldened Mitsotakis plans for Erdogan meeting, next step in Greek-Turkish ties
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    time. In his interview with Alpha TV, Mitsotakis said that meeting with Erdogan “would seem to me... about me; that he doesn't want to meet me. (Erdogan needs) to appreciate the fact that- indeed -our

    42%
  9. PMI rises to 54.4 points in April, highest since February 2020
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the headline figure was also in part due to a further deterioration in vendor performance in April... in vendor performance. As such, input costs soared once again.”

    42%
  10. Taking a macro snapshot

    Agora

    “Seems to be this assumption that if you accurately report that the data is getting better (in Greece) you’re Olli Rehn”, said to me the other day someone whose opinion I regard highly and got me thinking. The comment coincided with the successful conclusion of the troika’s inspection last week

    36%