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  1. Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
    Photo by Angelos Christofilopoulos/Fosphotos

    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

    2%

  2. Government touts upgrades to civil protection amid early start to wildfire season
    Image: https://civilprotection.gov.gr/

    PoliticsGreek Politics

    wildfire season on record with a total burnt area of 125,000 hectares. The increasing severity... some fresh faces and technocrats on their ballots, Greece will elect a total of 21 MEP across all

    2%

  3. Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    2023. Net trading income was a loss of 4 million euros. Total operating expenses stood at 193... the total capital ratio was at 18.5 percent.

    2%

  4. Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    by 115,672 people, with total employment staying well above the four-million mark, at roughly 4.33 million... by 56,235 jobs, deteriorating by 1,252 jobs year-on-year. Total hires were 644,069, against 587,834

    2%

  5. Q1 current account deficit widens to 4.15 bln as exports continue to shrink
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in March, unchanged from the same month last year. Total imports came to 6.78 billion euros in March, from 7.32 billion last year. At the same time, total exports came to 4.2 billion euros, from 4.74

    2%

  6. Unemployment rate unchanged at 10.8 pct in Apr
    Photo by MacroPolis

    EconomyMacroeconomy

    people, with total employment staying well above the four-million mark, at roughly 4.32 million... balance was positive by 188,587 jobs, improving by 8,021 jobs year-on-year. Total hires were

    2%

  7. Current account deficit continues to grow, reaching 6.84 bln up to Apr
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 3.16 billion euros in April, from 2.29 billion euros in the same month last year. Total imports came to 7.53 billion euros in April, from 6.2 billion last year. At the same time, total exports came

    2%

  8. Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
    Photo by MacroPolis

    EconomyBanking

    respectively in H1 2023. Net trading income was just 3 million euros, from 39 million last year. Total... percent, while the total capital ratio was at 19 percent, from 12.3 and 17.1 percent respectively.

    2%

  9. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    euros in the same month last year. Total imports came to 6.65 billion euros in June, from 6.74 billion last year. At the same time, total exports came to 4.18 billion euros, from 4.04 billion in June

    2%

  10. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    Over recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total.... This was a jump that ranged from 40 to 65 pct year-on-year. In H1, total NII topped 4 billion euros, indicating

    2%