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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May
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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesof 1.1 billion euros. Currently, there are 14 greenfield private sector projects which are focused... could incur write-offs of 2.6 billion euros. To develop the tourism industry, the report outlines
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
SocietyJust over half of the refugees who found themselves stuck in Greece last month due to the closure of the northern border would remain in a reception centre until the borders open even though 71.4 percent are not satisfied with their current living condi...
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Athens displeased with EU Council outcome, faces pressure for talks with Turkey
PoliticsForeign Policyto engage in a dialogue. Arms embargo Following the Greek side’s failure to secure the inclusion... to an arms embargo and countermeasures/sanctions per sector over Turkey’s violation of the EU-Turkey... of the arms embargo, Mitsotakis explained in his press conference on Friday in Brussels
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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