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  1. Lower trading income for NBG keeps net profits at 490 mln in H1
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 490 million euros from continued operations in H1 2022, compared to a profit of 645 million euros in the same quarter of 2021, a drop of 24 pct. Pre-provision income (PPI) stood at 686 million euros, down by 14 percent on the 800 million

    2%

  2. Despite seasonal recruitment in accommodation and catering, hiring balance slows to 2,999 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , suggesting a drop of 21,396 jobs. This is partly attributed to the delay in hires last year

    2%

  3. Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by just 0.3 points in August to 48.8 points, after a 2-point drop to 49.1 in July, according to S&P Global data released on Thursday. August’s PMI captured back-to-back, albeit modest, declines in the state of the Greek manufacturing sector, with the latest fall

    2%

  4. Newsletter 350 - 09/09/2022

    Newsletters

    formation dropped QoQ by 1 pct, the first quarterly drop since the last quarter of 2020

    2%

  5. Newsletter 352 - 23/09/2022

    Newsletters

    posted a rare monthly drop in July, falling by 1.3 pct, led by decreases of 1.3 in manufacturing and 2.3

    2%

  6. Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    and other deposits were down by 153 million to 24.12 billion. There was a drop in corporate deposits

    2%

  7. Newsletter 353 - 30/09/2022

    Newsletters

    in the constant prices data where, despite the sharp drop due to the pandemic in 2020, the constant

    2%

  8. Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in September, moving up to 105.1 points after a marginal drop of 0.1 points to 101.7 in August.

    2%

  9. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , while government spending will drop by 1.5 pct, after rising by a marginal 0.2 pct in 2022. Exports

    2%

  10. PM voices concerns about tricky first ballot in next year's elections

    PoliticsGreek Politics

    developments for the ruling centre-right party. Firstly, its share of the vote could drop

    2%