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  1. Labour market comes to rest, unemployment at 10.5 pct in Q4
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    , a drop of 1.3 percent quarterly and 2.1 percent year-on-year.

    5%

  2. Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs. 1.35 billion euros in 2022, a drop of 15.4 percent. Core pre-provision income (PPI) jumped by 58.6

    5%

  3. Newsletter 415 - 08/03/2024

    Newsletters

    , as minor movements were recorded during the year and, after the latest revision, the first quarterly drop

    5%

  4. Underwhelming GDP highlights investment falling short of mark
    Photo by MacroPolis

    EconomyMacroeconomy

    The signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contraction, not seen since Q2 2020 when the pandemic

    5%

  5. NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln
    Photo by MacroPolis

    EconomyBanking

    euros, with 6.2 billion euros drop from the end of last year. Eurosystem funding was 8.1 billion

    5%

  6. Newsletter 416 - 15/03/2024

    Newsletters

    February 2023. Month-on-month, the index posted a rise of 1.7 pct, from a drop of 2.7 pct

    5%

  7. Newsletter 417 - 22/03/2024

    Newsletters

    , from a 7.1 pct drop in December. On a rolling 12-month basis the index is down by 5 pct

    5%

  8. Small gains for building activity in Dec, up 7.1 pct in full 2023
    Image: MacroPolis

    EconomyMacroeconomy

    in South Aegean and Crete with 20.5 and 20.7 percent, and the largest drop in Western Macedonia with 47.4

    5%

  9. Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    by 924 million euros, after a drop of 2.51 billion euros in January. Within corporate lending, the flow

    5%

  10. Unemployment increases MoM in Feb, rising to 11 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    compared with the same month of 2023, amounting to 524,428, a negligible 0.1 percent drop

    5%