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  1. Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark

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  2. 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

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  3. 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

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  4. 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

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  5. 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

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  6. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... to 1.1 billion in the first quarter, driven by corporate flows. Group deposits increased by 3.9

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  7. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods... to the corresponding quarter last year, private consumption increased by 1.1 percent in Q4 and matched the YoY rise of 1.1 percent noted in Q3. General government consumption rose by 1.5 percent QoQ and declined

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  8. First round of local elections leave Greek politics finely balanced
    Photo by MacroPolis

    PoliticsGreek Politics

    Democracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis... incumbent Giorgos Kaminis all the way. According to Interior Ministry projections Kaminis was expected

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  9. With eye on elections, Tsipras talks up public sector hirings
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to be beaten in those ballots and it would risky to hold a national vote in the wake... with 4,500 next year. Meanwhile, the Interior Ministry estimates that there are roughly 35,000

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  10. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    severely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island... politician met with EU interior ministers on Tuesday in Copenhagen, where he pressed for faster

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