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  1. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’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

    21%
  2. Credit growth edges up to 1.1 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit 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

    21%
  3. Growth in car sales slows to 1.1 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road 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

    21%
  4. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    21%
  5. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    of 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

    21%
  6. Poor conditions in Greece fail to deter refugees from wanting to continue journey

    Society

    Just 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...

    17%
  7. Athens displeased with EU Council outcome, faces pressure for talks with Turkey

    PoliticsForeign Policy

    to 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

    15%
  8. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    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

    14%
  9. Newsletter 269 -16/10/2020

    Newsletters

    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

    13%
  10. Newsletter 271 -30/10/2020

    Newsletters

    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

    13%