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Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
EconomyBankingby 14 billion euros, led by the largest securitisation in Greece, codenamed Galaxy that exceeded 10
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CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomypercent. In November, the annual CPI movement was led by a 4.3 percent increase in food and non-alcoholic
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek PoliticsPersistently high infection rates and a rapid increase in daily hospitalisations from Covid has led the government’s expert committee to advise against lifting restrictions on dining and entertainment too soon. The decision to extend their duration for another week will have knock-on effects
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Car sales continue to grow in Dec for rise of 23 pct in full year
EconomyMacroeconomy, vehicle sales had dropped by 21.6 percent. Road motor cars in 2021 came to 198,552, led by passenger
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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Economya diversified participation, with 84.5 pct of international investors, led by the UK with 27.1 pct
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomyof 1.39 billion euros. According to the BoG, November’s performance was led by a deterioration
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Greece aiming to complete post-bailout monitoring this summer
PoliticsGreek Politicsto their jobs. Last year, heavy snowfall led to thousands of households in northern Athens being
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Parties hone strategies ahead of confidence vote
PoliticsGreek Politics. Late last year, for instance, it led an effort to launch a parliamentary inquiry into how
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Reflecting annual base effect, retail sales rise 19 pct in Nov but fall on previous month
EconomyMacroeconomy. The annual volume increase was led by books and stationery (+47.2 percent), followed by furniture
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PMI softens to six-month low, but employment in manufacturing grows at record pace
EconomyMacroeconomythat higher costs were partially passed through to clients. Soaring costs led companies to more moderate
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