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Investment grade boost visible in strong demand for Greek assets
Economybillion euros with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end... Financial Stability Fund (HFSF), with the transaction attracting very strong interest. Total demand
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent year-on-year (YoY), from 10.5 percent in the previous month, Bank of Greece (BoG) figures released... in February, with strong inflows over the last few months. The outstanding balance was 124.7 billion
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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PM touts strong economy and housing measures but voters focus on everyday worries
PoliticsGreek Politics. New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Sparks to fly as coalition and SYRIZA clash over electricity sell-off
PoliticsGreek Politicsdiscussion at committee level was due to begin on Wednesday. PPC workers’ union, GENOP-DEI, is opposed.... SYRIZA sees this as an opportunity to strengthen its relationship with GENOP-DEI, one of Greece’s
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Electricity strike nipped in bud, leaving political loose ends
PoliticsGreek Politicsthreatening the strikers with arrest if they did not return to work. Their union, GENOP-DEI, announced... to end the protest. This swift move to nip GENOP-DEI’s action in the bud seems to have been due
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomythe strong tourism season. Attica’s rate stands marginally rose to 28.2 percent in Q3 (from 28.1 in Q2
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