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Credit expansion slows to 1.2 pct in July as corporate loans contract
EconomyMacroeconomyagain after May’s decline. The outstanding balance decreased to 112.49 billion euros, from 113.89
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Deposits contract by 191 mln in July as business savings decline
EconomyMacroeconomyon year (YoY), from 3.5 percent in June and 3.3 percent in May. The outstanding balance of private sector
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New labour law set to cause friction, as surprise candidate launches SYRIZA leadership bid
PoliticsGreek Politicsof favourite Efi Achtsioglou may also have contributed to an apparent lack of appetite among the party
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Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble
EconomyMacroeconomythe Ukraine conflict. The index hit its most recent low in May 2020 following the Covid outbreak
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Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
EconomyMacroeconomypercent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year
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Aug PMI marks seventh month of improved manufacturing conditions, cost pressures resume
EconomyMacroeconomythat the rate of the overall growth was the second fastest since May 2022 and it compares favourably
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Greece and Turkey head towards crucial stage of negotiations
PoliticsForeign Policyexpected to set a road map that may lead the two sides at some point to the International Court
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Floods force Mitsotakis to postpone policy speech amid political fallout from ferry death
PoliticsGreek Politicsmay choose instead to focus on operational failures, with attention turning to those directly
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CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
EconomyMacroeconomy. The price index was in deflation for the 12 months prior to May 2021, when CPI posted a marginal
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicswill be Christos Stylianidis, who served as Civil Protection and Climate Crisis Minister up until the May
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