Search
-
Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
EconomyMacroeconomysolid rise of 39.5 percent year-on-year in August, from 35.6 percent in July, ELSTAT data said... annually by 9.1 percent. It has been growing ever since, gathering pace over nearly a year and half. This has taken the index from 102.63 points in February last year, to 150.93 points. Month-on-month
1% -
Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
EconomyMacroeconomymodest 3.9 percent year-on-year (YoY), after rising by a downwards revised 6.5 percent in July... in six out of the first eight months of the year and with only two exceptions in January and April this year has been on a general recovery trajectory since November 2020. Month-on-month (MoM
1% -
Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
EconomyMacroeconomy, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary... by 5.98 billion euros against an anticipated deficit of 5.94 billion euros at this point of the year... euros. This is due to the better performance of the previous year taxes collected in instalments
1% -
Newsletter 356 - 21/10/2022
of its four-year term in government, but falling short of the support needed to secure an absolute... in the next fiscal year. A few weeks ago that Kathimerini published a story that the Saudi sovereign.... NPEs currently stands at 14.8 billion euros, as of June this year. This tumultuous period has come
1% -
S&P leaves Greece a notch away from investment grade as outlook blurs
Economyunchanged at ‘BB+’ and the outlook stable. It concludes a year of high global turbulence, during which... next year, from 6 pct growth in 2022, to less than 2 pct, at 1.7 pct, on the back of energy... of borrowing. The agency sees Greece reducing its deficit this year in the region of 4 pct of GDP, dropping
1% -
Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece... stable after reaching a peak of 3.7 pct in February last year. The latest figure for September
1% -
Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
EconomyMacroeconomy, although it rose by 29.4 percent year-on-year (YoY) following a 39.5 percent increase in August, ELSTAT... a year and half. This has taken the index from 102.63 points in February last year, to 147.38 points... in the previous month. There have now been four monthly drops this year, after three months
1% -
Manufacturing remains in contraction for Oct as business optimism falls to lowest since May 2020
EconomyMacroeconomyalso reflected in the firms’ output expectations for the year ahead, with optimism dropping to a two-and-half-year low. Although the downturn in the manufacturing sector is overall moderate... for the coming year fell to the lowest since May 2020, as energy price volatility and challenges
1% -
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
EconomyBankingbillion euros in the same period of 2021. Last year’s results were impacted by the bank’s business.... P&L NII was 925 million euros in 9M, down by 14.2 percent from 1.08 billion euros last year. NII... in 9M 2021. Impact from NPE transactions was 292.2 million euros, from 2.76 billion euros last year 9M
1% -
Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
EconomyBankingof 3.09 billion euros last year, due to 3.75 billion euros in clean-up impairments in 9M 2021. In 9M... 8 pct by the end of the year. P&L Net interest income (NII) came to 816 million euros in 9M, versus 730 million euros last year. Net fee income increased to 366 million euros from 309 million last
1%