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Newsletter 483 - 07/11/2025
latest data released by ELSTAT on the demography of Greek businesses for the year 2023 captures.... The ultimate impact on employment during the reference year is positive, as the 78,754 new enterprises..., from 52 in the previous month, now in over a year of continued growth. New orders increased at a faster
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Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
EconomyBankingunchanged from 1.01 billion in 2024. P&L NII was 1.2 billion euros in 9M, down by 4 percent year-on-year, from 1.24 billion in 2024. Net fee and commission income was 349 million euros, from 306... million euros last year. Loan loss impairments dropped by 21 percent to 137 million euros, from 173
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Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
PoliticsGreek Politicsbenefits will begin to materialise next year. Over 2 billion euros is earmarked for income support... of the year. He dismissed the idea of rapidly building new homes as unrealistic, instead focusing... believe we’ll be in a position to make this announcement before year-end,” he added. His comments came
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Newsletter 486 - 28/11/2025
of the year’s rating review cycle, with Fitch upgrading the country by one notch. Yet the government... index is benchmarked to 2010. In 2009, the year before Greece was engulfed by the largest economic... strong in Q3 with a rise of 7.7 pct year-on-year (YoY), from 7.6 pct in the previous quarter. Price
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Farmers dig in as clashes and political tension escalate
PoliticsGreek Politicsas a bureaucratic manoeuvre that leaves producers waiting. The government insists that this year’s overall support package will exceed last year’s, and that “honest producers” will ultimately receive... to 363 million euros, down from 476 million last year. The Ministry of Rural Development and Food
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RRF promise fades as growth outlook weakens
EconomyMacroeconomy% this year, and towards 119% of GDP by 2029. This is an impressive debt reduction effort, although much..., as RRF resources were available only for a three-year period, with no extension beyond summer 2026... in place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3
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Primary surplus confirmed at 12.68 bln in Nov as underspend continues
EconomyMacroeconomy, compared to a surplus of 12.01 billion euros in the same period a year earlier, according to the final... submission recently, all targets until the end of the year have been revised to reflect the budget assumptions for this year. Expenditure, excluding interest payments and the public investment budget, came
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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
EconomyMacroeconomyGreece’s Producer Price Index (PPI) closed last year with a drop of 2.1 percent year-on-year (YoY... increases in the first half of the year. The index had an extensive period of contraction that started in March 2023, until the end of 2024. It had been growing over a two-year period since March 2021
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
EconomyMacroeconomyfor the month were 623 million euros, compared to 468.6 million euros in 2024, up 33 percent year-on-year (YoY). Travel payments rose by 4 percent to 309.9 million euros. The number of arrivals... to circa 470 euros from 525 euros in December 2024. Over the full year 2025, travel receipts increased
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Energy key factor in 3.7 pct YoY drop for producer prices in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) opened the new year with a drop of 3.7 percent year-on-year.... The index was in contraction for five months in 2025, mostly in the second part of the year, with annual drops in six of the last seven months. It had been growing over a two-year period since March
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