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  1. Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    The Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years. Broken down by segment, consumer NPEs were the highest at 33.6 pct, followed by roughly equal percentage

    2%

  2. Price hikes pose fresh challenge for government

    PoliticsGreek Politics

    There are indications that following the latest GDP data announced this week, Mitsotakis may even have

    2%

  3. Recovery in car sales slows to 2.7 pct in August

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 2.7 percent year-on-year (YoY) in August, after a rise of 10.3 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In August 2020, the year-on-year drop was 23.6 percent. Car sales in August

    2%

  4. CPI up by 1.9 pct in Aug for highest reading in almost a decade

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its rise in August, when it increased by 1.9 pct year-on-year (YoY) from 1.4 percent in July, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The average CPI for the rolling 12 months fell by 0.8 percent

    2%

  5. Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 7.8 percent year-on-year (YoY) in July, slowing down from the 8.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. IPI has been recovering consistently since November last year, with a solid 22.6 percent

    2%

  6. Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of building permits issued in Greece decelerated to an increase of 17.6 percent year-on-year (YOY) growth in June, from 62.9 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 2,082, from 1,771 in June 2020 when

    2%

  7. Opposition questions true scale of PM's handouts, as speculation grows about snap polls

    PoliticsGreek Politics

    mobile data allowance, which he said contradicted Mitsotakis’s claim to be prioritising the young

    2%

  8. Stalled vaccination campaign emerges as biggest headache amid fourth wave warnings
    Photo by MacroPolis

    PoliticsGreek Politics

    infections in recent days were recorded in the 0-17 age group. The latest data show that in the first

    2%

  9. RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set

    2%

  10. Newsletter 308 - 17/09/2021

    Newsletters

    his speech by revealing that following the latest GDP data, the government now expects the economy

    2%