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Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
EconomyMacroeconomyin March 2021 and has been growing ever since. April is the latest strong annual growth reading
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Deposit rise of 1.3 bln in May led by corporates as household savings drop
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in May stayed positive at 1.31 billion euros, from 1.35 billion euros in April, and negative movement of 989 million seen in March, based on Bank of Greece (BoG) figures released on Wednesday. The latest two months reversed
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Credit growth accelerates to 3.2 pct in May, led by loans to businesses
EconomyMacroeconomypct in February last year. The latest growth figure is the highest since March last year when growth
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Authorities say no new measures on the way despite surge in Covid-19 cases
PoliticsGreek Politicsexceed 250-300. The latest surge in infections has been attributed to the spread of Omicron variants 4
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BoG revises growth forecast down to 3.2 pct amid growing uncertainty
EconomyMacroeconomyThe uncertain times across the global economy were captured in the latest monetary policy report by the Bank of Greece, which revised down its Greek growth forecast to 3.2 pct for 2022, from the 3.8 pct expected in April. The BoG forecasts reflect higher uncertainty, weaker growth and a rise
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicscuts implemented as far back as 2015. In the latest development, the Council of State delivered
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Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
EconomyMacroeconomy-food volumes were up by 18.8 percent. According to the latest business indicators for June
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Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
EconomyMacroeconomyto the European Commission’s latest business surveys, industry confidence fell sharply to 0.3 in June
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Explanations sought as PM backs away from prospect of early elections
PoliticsGreek PoliticsPR. Opinion poll The latest poll by MRB points to support for ND being well short of either the 44
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Universities bill expected to pass despite many critics and united opposition
PoliticsGreek PoliticsThe latest in a series of ambitious education reform bills brought by the Mitsotakis government is due to be debated in Parliament this week, with opposition parties set to confront the government on what both sides are framing as an ideological battleground. The “New Horizons for Higher Education
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