Search
-
Jan primary surplus at 3.5 bln as underspend continues into 2026
EconomyMacroeconomyThe budget primary balance produced a surplus of 3.5 billion euros at the opening month of 2026, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.76 billion euros above...
14% -
Jan primary surplus beats target due to 1.7-bln-euro underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.51 billion euros for January 2026, compared to a surplus of 1.98 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. The prim...
14% -
Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released o...
14% -
Annual credit growth stays stable at 7.6 pct in Jan
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 7.6 percent year-on-year (YoY), from 7.9 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 2....
14% -
Energy key factor in 3.7 pct YoY drop for producer prices in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) opened the new year with a drop of 3.7 percent year-on-year (YoY) in January, after a decrease of 2.1 percent in the previous month, ELSTAT data showed on Friday. The index was in contraction for five months in 2025, ...
14% -
Unemployment rate broadly stable at 7.7 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped further in January to 7.7 percent, from an upwards revised 7.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemploym...
14% -
Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
EconomyMacroeconomyGreece’s trade deficit dropped by 0.9 percent year-on-year (YoY) in January, after a rise of 2.4 percent in December, according to data released by ELSTAT on Tuesday. The deficit came to 2.81 billion euros for January. Imports totalled 6.44 billion euro...
14% -
Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in January with a rise of 5.3 percent year-on-year (YoY), from 4 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. Month-on-month (MoM), the seas...
14% -
Energy keeps import prices in contraction for Jan with 4.6 pct YoY drop
EconomyMacroeconomyGreece’s import price index remained in contraction with a drop of 4.6 percent year-on-year (YoY) in January, after a 5.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The in...
14% -
Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomyIn its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear its belief that it is of paramount importance that the Greek government conclude an agreement with official lenders, describing it is a “historical imper...
6%