Search
-
Deposits continue to slide in Feb with 6.5 bln loss at start of 2025
EconomyMacroeconomyThe private sector deposits in the Greek banking system continued the contraction in February, with a net decrease of 1.7 billion euros, after a 4.79-billion-euro decline in January, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in February was 4.5
2% -
Building activity ended 2024 strongly, permits up 14.9 pct in 2024
EconomyMacroeconomyand 2,549 permits, most permits were in Attica with 6,848. The European Commission’s latest business
2% -
After pay rises in armed forces, PM faces calls for broader wage increases
PoliticsGreek Politicsfrom the ESM and ECB as part of the latest post-programme mission, which will establish where Greece
2% -
Retail sales start 2025 with 2.5 pct YoY rise, led by food
EconomyMacroeconomyby 6.9 percent, a 4.3 percent rise in foods and non-food up by 3.7 percent. According to the latest
2% -
Sharp drop in unemployed figures pushes unemployment rate to 8.6 pct in Feb
EconomyMacroeconomypercent, while the rate in the 25-74 years bracket was 8.1 percent. The latest available data from
2% -
PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicstrade war, which sent international markets into a tailspin on Monday, represents the latest
2% -
Industrial production records marginal drop of 0.1 pct YoY in Feb due to electricity supply
EconomyMacroeconomyto the European Commission’s latest business surveys for March, industry confidence stayed in positive
2% -
New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsseveral million euros. This is the latest revelation to taint the Mitsotakis administration. Although
2% -
S&P moves Greece further into investment grade with 'BBB' rating, stable outlook
EconomyThis year’s cycle of rating reviews for Greece have stated strongly as S&P became the latest agency to upgrade GGBs by one notch to ‘BBB’, a step further into the investment grade. S&P also revised the outlook to stable, from positive. There were upgrades last month from DBRS, also to ‘BBB
2% -
Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support and public investments. The methodology
2%