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Deposits drop for third straight month as corporates lead fall of 988 mln
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in March stayed negative and picked up pace to 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday. The negative movements during the first
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Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped sharply by 7.1 points to 105 points in April, following a 1.9-point decline in March, according to European Commission figures released on Monday. Economic sentiment has been on the mend for a while, having recovered all the deterioration suffered during
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Marginal growth for PMI in April as headwinds intensify
EconomyMacroeconomy. “Greek manufacturing firms signalled further subdued demand conditions during April. Although
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SYRIZA on front foot over energy prices as poll gap narrows further
PoliticsGreek PoliticsKyriakos Mitsotakis has said that such a levy will apply if the firms’ profits justify it. During
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PM sets out path to next elections as PASOK restores traditional name
PoliticsGreek Politicsas it is with marking the end of a period lasting about a decade during which PASOK, as a name
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SYRIZA hope Tsipras re-election ballot will bear fruit as poll figures remain stagnant
PoliticsGreek Politicswithin society, given that its rapid rise during the recent economic crisis meant that its share
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Import price index rise of 34.6 pct in Mar highest since inflation rise began
EconomyMacroeconomyGreece’s import price index accelerated further in March, posting another solid rise of 34.6 percent year-on-year (YoY), from 27.2 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the highest annual growth during the inflation wave
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Internal ballot boost SYRIZA membership numbers, bolsters Tsipras
PoliticsGreek Politicsof returning to power after its meteoric rise during the debt crisis thrust it onto the centre stage
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Tourism jobs deliver highest April hiring balance on record at 124,365
EconomyMacroeconomyand receptionists. These positions make up 60 pct of the positive balance for April. Overall, during
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PM hopes to return from Biden talks with spring in his step
PoliticsGreek Politicstold an audience at Georgetown University during his visit. “This is exactly what the Ukrainians did
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