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Credit growth in May slows to 2.2 pct; monthly flow -17 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4.... Within corporate lending, the balance of credit to non-financial corporations was positive by 49 million euros. The balance stood at 62.1 billion euros. Credit to insurance corporations showed a net
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Credit growth stable at 10.6 pct YoY in Aug
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent... euros, after an outflow of 1.27 billion euros in July. Within corporate lending, the flow of credit.... Credit to sole proprietors was negative by 16 million euros to 3.76 billion. Housing loans had
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Business loans drive credit growth of 10.7 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in September, rising by 10.7... euros, after an outflow of 1.27 billion euros in July. Within corporate lending, the flow of credit... euros. Credit to sole proprietors was positive by 34 million euros to 3.79 billion. Housing loans had
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Greece's post-lockdown hubris
Agora. As early as June 13, Prime Minister Kyriakos Mitsotakis declared the tourist season open against... June 14 and August 15, imported cases accounted for 26 percent of new recorded infections, while... in mid-June said that they believed Covid-19 to be a human creation, while one in three believe
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomyGreek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances... (BoG). Monthly net inflows more than doubled to 1.22 billion euros in June from 558 million in May. The positive flow in June largely reflects sight inflows of 1.67 billion and - to a lesser extent
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Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell for the fourth straight month in June, when it was down by 0.7 points to 90.7 from 91.4 in May, according to the European Commission (EC). The June headline... by 8.4 points, while the decline from the post-crisis high of 104.2 in June 2014 stands at 12.8 points
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Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained stable at 89.7 in June, the European Commission (EC... points to -68 in June. This is its highest reading since February. Over the past two months, consumer... stand at 6.9 points. Three of the other four business indicators posted a drop in June. The services
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New tax arrears rise by 1.22 bln in June, total stock almost at 90 bln
EconomyMacroeconomyGreece’s new unpaid taxes increased by another 1.22 billion euros in June, in line with the 1.25.... The headline figure for June is the second straight reading above the 1.2-billion-euro mark, after... in June, mostly reflecting revenue collection. The breakdown of the legacy tax debt displays 12.32
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following... on month, exceeding a drop of 13,600 in the previous month and reached 3.68 million in June. At the same time, the number of jobless fell by 6,800 in June, after rising by 3,200 in May, and landed at 1.12
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgrammea comprehensive agreement by June 21. There were few expectations that the discussions in the Belgian capital... this, within the boundaries defined in June last year and approved by the Eurogroup,” said Centeno. “We... meeting - in Luxembourg in June - we will decide on all that is needed to ensure a successful exit
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