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

    EconomyMacroeconomy

    . In April 2020, the year-on-year change showed a plunge of 85 percent, leaving last month’s total number... to 18,352 compared to 4,031 in April last year, an increase of 355 percent. Out of the total, passenger... of lorries (3,000) and buses (100). Motorcycle sales surged 383 percent from a year earlier at 4,776

    6%

  2. Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros by the end of this year. The ratio shot up from just over 180 pct to 205.6 pct last year and seen at 197.9 pct by the end of the year, also because of GDP dropping to 165.83 billion... billion last year and 81.8 billion euros expected by the end of the year. In 2022, the trend

    6%

  3. Central gov net cash position shows deficit reined in from last year to 6.97 bln

    EconomyMacroeconomy

    , from a deficit of 9.04 billion euros last year, according to figures released by the Bank of Greece... in October compared with a year earlier and came to 4.45 billion euros. The aggregate figure for the first 10 months of the year showed that revenues increased by circa 3 billion euros from last year

    6%

  4. Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
    Photo by MacroPolis

    EconomyMacroeconomy

    with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... instalment to the new year and 644 million euros of SMP and ANFA profits that had not been included... euros compared to a deficit of 13.45 billion euros in the aggregate period last year. The budget

    6%

  5. Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
    Photo by MacroPolis

    EconomyBanking

    of Cypriot NPEs worth 2.2 billion euros - the NPE was down to 12.8 percent by May this year, from 30.1 percent a year ago. The NPE stock was marginally below 5 billion euros at the end of Q1, from 21.3... euros last year. NII also dropped QoQ in Q1 by 5 percent, from 298 million euros in Q4. The net

    6%

  6. Car market growth slows to 4.9 pct for 9M, from 23.1 pct last year
    Photo by MacroPolis

    EconomyMacroeconomy

    , rising by 4.7 percent year-on-year (YoY), from 19.1 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In September 2021, the year-on-year change was 6.2 percent, compared to a year ago, when Greece was only gradually finding its footing from the first

    6%

  7. Car sales end 2022 with modest full-year growth of 3.3 pct, from 22.1 pct in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time in December rose by 1.3 percent year-on-year (YoY), after going into negative territory in November, when they dropped by 0.7 percent..., the year-on-year change was a 21.4 percent rise. Car sales in December came to 11,976 compared to 12,007

    6%

  8. 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    with headline figures confirming recent press reports. As was broadly expected, 2014 will be another year of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year on year (yoy) and a revenue increase of 2.55 billion yoy (both on a cash basis) to reach the MoU target

    6%

  9. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    and marginal savings deductions of 41 million. Nevertheless, the year to date flow remains slightly.... Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market... proprietors remained flat yoy at 13.88 billion with marginal net deductions of 13 million in November. What

    6%

  10. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    Retail sales turnover stayed flat year on year (yoy) in November following a 2.1 percent drop recorded in October, according to Hellenic Statistical Authority (ELSTAT). The headline figure posted... in the respective excise tax last year. The drop in retail sales throughout 2013 also stems from

    6%