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  1. Trade deficit rises by 27.1 pct in March as imports surge
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 27.1 percent year-on-year (YoY) in March compared to a drop of 33.2 percent in February, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 2.09 billion euros for the month. Imports totalled 5.43 billion euros, showing

    4%
  2. New tax debt at 2.31 bln March, rising by 685 mln month-on-month

    EconomyMacroeconomy

    , this represents a drop of 178 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    4%
  3. CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the last 13 months, with December’s 2.3 percent drop surpassing the previous lowest reading of -2.2

    4%
  4. Industrial turnover jumps 18.6 pct in March vs last year's lockdown
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover increased 18.6 percent from a year earlier in March, compared with a revised drop of 2.6 percent in February. The reading ends a run of 13 straight declines, and marks a rebound from the depressed levels of the first lockdown in March 2020, according to the latest

    4%
  5. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    ) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY

    4%
  6. NBG posts 557 mln profit in Q1
    Photo by MacroPolis

    EconomyBanking

    came to 189 million euros, a 9 percent drop QoQ. Balance Sheet Group deposits fell 0.3 percent QoQ

    4%
  7. New tax debt at 2.56 bln April, rising by 249 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    , this represents a drop of 187 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    4%
  8. Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop -- where 19 permits were issued compared with 20 last year. During the first three months

    4%
  9. Mitsotakis and Erdogan break ice, look for calm summer

    PoliticsForeign Policy

    on from the historic deal that saw then Macedonia change its name and Greece drop its veto on its

    4%
  10. Piraeus and Alpha forge ahead with share capital raises and securitisations
    Photo by MacroPolis

    EconomyBanking

    share capital raise, Piraeus Bank put in motion its Sunrise programme that sees an ambitious drop of bad

    4%