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Trade deficit moderates in June, up 10.5 pct YoY in H1
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 9.8 percent year-on-year (YoY) in June, after a solid... products and ships, the aggregate deficit was up by 9.9 percent, at 13.32 billion euros. Imports from EU countries were up by 1.6 percent to 21.04 billion euros, while imports from non-EU markets were also
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Trade deficit up sharply in Sep, reaches 25.13 bln in 9M for 8.5 pct YoY rise
EconomyMacroeconomyGreece’s trade deficit rose sharply by 12.9 percent year-on-year (YoY) in September, after a drop.... Excluding the value of oil products and ships, the aggregate deficit was up by 6.1 percent, at 20.11 billion euros. Imports from EU countries were up by 2.2 percent to 31.64 billion euros, while imports
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Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
EconomyBankingmillion euros in the same period of 2023, a drop of 2 percent. Normalised profit after tax for 9M was 666... was 1.02 billion euros, from 918 million in 9M 2023, up by 11 percent. Asset quality The NPE ratio... and 73 percent from collateral. P&L NII was 1.24 billion euros in 9M, up by 2 percent year-on-year
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CPI captures rise in housing costs with 7.2 pct YoY increase, headline up 2.8 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up further pace in June with a rise of 2.8 percent year... percent, from 0.2 percent in the previous month. In June 2024, the CPI was up by 2.3 percent YoY... annually in June. Month-on-month, the HICP was up by 1.3 percent. In June, the annual CPI movement
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CPI picks up in Feb, rising to 2.7 pct YoY as food prices climb again
EconomyMacroeconomypercent, from a 0.8 percent drop in the previous month. In February 2025, the CPI was up by 2.5...Greece’s Consumer Price Index (CPI) slightly picked up pace in February with a rise of 2.7 percent... percent annually in February. Month-on-month, the HICP was up by 0.3 percent. In February
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Greece takes first round against Covid-19 but fight continues
Agoraas an unlikely role model, with international media referring to the “Greek model” of crisis management... below 5 percent GDP, with the remainder topped up by private spending by individuals. Spending cuts... support functions. Permanent appointments, however, barely made up for departures from the health service
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Newsletter 393 - 15/09/2023
on Wednesday. Hatzidakis confirmed that the generous handouts that were being lined up... also request up to 400 million euros from the Solidarity Fund, which would be made available... of the centralisation of power in the “executive state” model of governance favoured by the Mitsotakis
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PM prepares to reaffirm political dominance in EP elections
PoliticsGreek Politics. The government is stepping up its campaign strategy as the private universities bill, which has divided public... and the bill allowing foreign universities to set up branches in Greece. The university bill passed through... that Greece should adopt the Swedish model when it comes to tertiary education. Pierrakakis argued
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ND highlights housing initiatives as Athens waste row rekindles hopes of progressive alliance
PoliticsGreek Politicstax credits of up to 30 percent of the cost of renovations are offered to landlords to encourage... will also benefit from three years of tax-free earnings. A programme targetting up to 300 vacant properties in the hands of the state will offer them up for affordable housing development by the private
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Greek trade deficit up 12.6 pct in Feb as imports rise
EconomyMacroeconomyand a drop in exports by 6.8 percent. The latter continued heading south for the fifth consecutive month... the impact of oil products, imports soared 16.9 percent leading the respective trade deficit up.... Similarly to February, the 2-month drop in imports by 4.1 percent reverses to a 6.3 percent
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