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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomy3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from 7.55 billion last year. At the same time, total exports came to 4.11 billion euros, from 4.1... million euros, from 1.23 billion euros last year. The balance of goods excluding oil and ships
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked... since orthodox Easter last year fell on May 5th, compared to April this year, leading to stronger sales this year during April. Compared to May 2024, automotive fuel was down by 18.6 percent, non-food
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Newsletter 473 - 01/08/2025
that was rejected by the Council of State, with permits down by 17.3 pct year-on-year (YoY) in April... the first four months of the year at 8,444, a sharp drop of 26 pct. The corresponding surface over... of 4.4 pct YoY as Orthodox Easter last year was in early May, compared to April this year. Volumes
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Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
EconomyBankingby 4.6 percent year-on-year, from 832.7 million in 2024. Net fee and commission income was 229.1... million euros in H1, from 411.9 million euros last year. Loan loss impairments dropped by 23.6 percent... to 41 billion euros in H1, from 36.52 billion euros a year ago. Group deposits were 51.31 billion
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyin June, from 2.48 billion euros in the same month last year. Total imports came to 7.02 billion euros in June, from 6.65 billion last year. At the same time, total exports came to 3.85 billion euros, from... of just 618.4 million euros, from 341.6 million euros last year. The balance of goods excluding oil
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomyGreece’s retail sales resumed growth with a 3 percent year-on-year (YoY) in June, after a marked decline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday... Easter last year fell on May 5th, compared to April this year, leading to stronger sales this year
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomypercent year-on-year (YoY), from a 2.2 percent YoY rise in Q1. The slight annual deceleration has... if the 2.3 percent growth forecast for the year of the finance ministry is to materialise. The quarterly... increased by 1 percent YoY, while investments rose by 6.5 percent. Exports increased by 1.9 percent year
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Growth treads water as PM targets relief for households
EconomyMacroeconomygrowth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1. On a quarterly... gains that for 15,000 annual incomes translate into almost 1,300 euros per year for under 25s..., if earning 20,000 euros, and 200 euros with income of 15,000 euros. Amounts per year for a single child
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Current account in 938.4 mln surplus for July thanks to services
EconomyMacroeconomyin July, from 2.84 billion euros in the same month last year. Total imports came to 7.2 billion euros in July, from 7.37 billion last year. At the same time, total exports came to 4.29 billion euros... of 466.9 million euros, from 325.2 million euros last year. The balance of goods excluding oil
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Newsletter 477 - 26/09/2025
for the authorities as rents are racing by double-digits, up almost 11 pct year-on-year in August, and other... the annual rise in average spending and the highly inflated prices of those items last year, Greeks... Credit growth was stable in August at 10.6 pct year-on-year with most of the inflows coming from
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