Search
-
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
Economyagencies last year were clearly visible in the first bond issued by the Public Debt Management Agency on Tuesday. The PDMA took the next step in its debt strategy for they year with an inaugural 10-year... also began last year with a 10-year issuance, around the same time, for 3.5 billion euros with a yield
1% -
Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
EconomyMacroeconomyGreece’s retail sales made marginal gains in November, with a rise of 0.6 percent year-on-year (YoY... months of this year. Retail sales had been growing since April 2021, when they jumped by 39.4 percent annually. This came after sales fell continuously for nearly a year. Sales have dropped in two
1% -
Newsletter 411 - 09/02/2024
whose crops and farms were affected by last year’s wildfires and flooding face losing... as a result of the long-term impact of last year’s record flooding, which devastated Thessaly, Greece’s... institutions of higher education in Greece as early as the 2025-2026 academic year. Pierrakakis added
1% -
Building activity slows in Nov as permits contract by 1.2 pct YoY
EconomyMacroeconomyBuilding permits slowed in November, dropping by 1.2 percent year-on-year (YoY), after rising by 8.7 percent year-on-year (YoY) in the previous month, according to the data released by the Hellenic... issued in Western Macedonia with 18. During the eleven months of the year, permits were up by 7.9
1% -
Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingcoverage stood at 45 percent in 2023. P&L NII was 1.65 billion euros in 2023, up by 41 percent year-on-year, from 1.17 billion in 2022. Net fee and commission income was 372 million euros in 2023, from 367 million euros last year. Trading income was down to 83 million euros, from 223 million in 2022
1% -
Where is Greek growth coming from?
Agoraquarter (Q4) of 2023 and for the year as a whole. The headline number said that real GDP grew..., activity at the end of the year will be higher than at the average of the year. This difference is an indication of the momentum with which real GDP enters the new year (2024 in this case). This number
1% -
Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomy, compared to 219 million euros in 2023, up 27.1 percent year-on-year. Travel payments rose by 0.7.... For the full year 2023, travel receipts increased by 15.7 percent to 20.46 billion euros. Payments also... percent to 603.3 euro over the whole period, compared with 620 euro a year earlier. Receipts from
1% -
Producer prices continue to slide, down by 4.3 pct YoY in Feb
EconomyMacroeconomyGreece’s Producer Price Index (PPI) completed a full year of contraction in February, dropping by 4.3 percent year-on-year (YoY), after falling by 7 percent in January, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative
1% -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
EconomyMacroeconomy, compared to a deficit of 2.28 billion euros in the same month last year. Total imports came to 7.02 billion euros in February, from 6.64 billion last year. At the same time, total exports came to 3.91... balance reached a deficit of 771.7 million euros, from 469.7 million euros last year. The balance of goods
1% -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomypercent year-on-year (YoY), after a significant slowdown to 1.6 percent in the previous month, according... in the middle of last year, the index has been growing for the last six months, and this is the first... in the previous month. Since May last year, industry confidence is now up by 2.2 points. In addition
1%