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Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
EconomyMacroeconomyalmost 1 point from October last year. Construction confidence also dropped to 5.2 points, from 9.8
7% -
Greece and Turkey take step forward in ties after leaders' talks on UNGA sidelines
PoliticsForeign Policyin a joint letter of the 27 EU member states to Albania for the formal launch of “Cluster 1
7% -
Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyunder 25 years old at 511 euros gross. The latest minimum wage effective from April 1 is 830 euros
7% -
Retail sales drop by 0.2 pct YoY in July as fuel leads slide
EconomyMacroeconomypercent, non-food increased by 1 percent and food sales grew by 1.3 percent. Retail sales were led
7% -
Newsletter 435 - 04/10/2024
pct. Compared to July 2023, automotive fuel was down by 6.8 pct, non-food sales increased by 1 pct
7% -
Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBankingthat marginally exceeded 1 billion euros. The government presented the latest transaction as a success and a vote
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Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
EconomyMacroeconomybalance will be in a deficit marginally below 1 pct in 2025 and will stay moderate at 1.5 pct of GDP
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ND and SYRIZA contend with internal strife as PASOK advances
PoliticsGreek Politicsto 6.4 pct, placing it in fifth place, more than 1 point behind the Communist Party (KKE), and 2
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SYRIZA suffers new split as Kasselakis storms off to form own party
PoliticsGreek Politics. The two leading candidates will compete in a run-off vote a week later, on December 1.
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Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
EconomyBanking. Capital The Common Equity Tier 1 (CET1) fully loaded was 17.7 percent, while the capital adequacy ratio
7%