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  1. FDI, rather than tax cuts, holds key to stronger growth rates - study

    EconomyFeatures

    percent by 2028. By 2028, real private consumption would be 2.5 percent higher than in the baseline

    22%

  2. Car sales more than treble in April from depressed level last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 23,128 new vehicles still 5.4 percent lower than April 2019’s total. Car sales in April came

    22%

  3. Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive

    22%

  4. PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March

    22%

  5. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the outstanding balance decreased to 174.90 billion from 176.98 billion in the previous month, remaining... into negative territory once more and came to -974 million euros after a positive balance of 627.5 million in the previous month. The corporate lending balance also turned negative and stood at -564.5 million

    22%

  6. Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased... million euros compared to a positive balance of 868 million euros in December. The corporate lending balance was also negative and came to 408 million euros from a positive balance of 1.06 billion

    22%

  7. Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the outstanding balance came to 169.85 billion euros compared to 169.42 billion in the previous month... positive for the month with inflows of 458 million euros, reversing the negative balance of 705 million euros seen in January. The corporate lending balance also turned positive and came to 603 million

    22%

  8. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    . As part of its NPL reduction strategy, NBG is proceeding with the sale of an NPL portfolio totalling 3... on the retail book, with corporate balances remaining stable. Group deposits remained stable QoQ

    21%

  9. Attacks on Chios refugee camp underline precarious balance on islands
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    on the islands, which are housing more refugees than they have capacity for, has been highlighted many times... Toskas asked police chiefs to investigate local officers’ actions and begin disciplinary proceedings

    21%

  10. Parties clash on surveillance bill as PM insists he is putting national security first
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    admitted that an export license had been granted to spyware vendor Intellexa to sell the Predator... and balances around the intelligence service. Both Katrinis and Tsipras referred to an article published

    21%