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CPI falls by 2 pct YoY in September
EconomyMacroeconomyon Friday. The average CPI for the rolling 12 months fell by 0.7 percent. Month-on-month, the CPI... in transport. This was followed by housing (-6 percent) and communication (-2.4 percent). Increases were noted
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomyof public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct..., Greece has drawn from the markets 12 billion euros of bonds through 15-, 10- and 7-year issues.
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Newsletter 275 -27/11/2020
investments is 4 billion. Athens wants to use the 12.6 billion euros of loans to mobilise 12 billion euros... was expected to fall by 6 pct, investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public
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Banks end year with continued bad loan sales
EconomyBankingalso announced after its 9M results that it plans to sell Ethniki Insurance and reduce NPEs by 6... is seen running to December 2022 and will also offer 12 billion euros in guarantees. Meanwhile
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Stricter Covid-19 restrictions mulled, but Greeks warming to vaccine
PoliticsGreek Politics, will be delayed. The local media has speculated that the night-time curfew could begin at 6 p.m., rather than... to take the vaccine. Compared to December, there has been a nine-point rise (12 points since November
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Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingCovid-19, and 6 percent in 2020, converging to the European average. P&L Net interest income fell by 0.6... 16.7 percent in 2019. The fully loaded Basel III CET1 ratio came to 12 percent from 14.6 percent
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBanking-digits in the next 12 months. For the fourth quarter (Q4), Piraeus posted a loss of 521 million euros... fee and commission income increased by 6 percent quarter-on-quarter (QoQ) to 85 million euros. In 2020
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Covid worries bring more wear and tear for govt, but no momentum for opposition
PoliticsGreek Politics. In just two months, this approval rating fell by 12 points. The answers provided by those questioned...%. Movement for Change (KINAL) saw its backing dip from 6.7% to 6, but it remains in third place, ahead
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Newsletter 296 - 14/05/2021
by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5 pct respectively in the Winter Forecasts... CPI for the rolling 12 months fell by 1.6 percent. Month-on-month, the CPI for April increased
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Credit growth in April slows to 2.4 pct; monthly outflow of 787 mln
EconomyMacroeconomy. The outstanding balance came to 6.92 billion euros. In consumer credit, outflows of 6 million euros... for the month to stand at 12 billion euros.
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