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Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in June jumped by 2.72 billion euros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG) figures released on Wednesday. The latest three months reversed the negative movements during
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Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
EconomyMacroeconomyGreece’s economic sentiment (ESI) declined further by 3 points to 101.1 in July, after dropping by 3.7 points in June, according to European Commission figures released on Thursday. Economic sentiment had been on the mend for a while, having recovered from the decline during the pandemic
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Unemployment rate hovers at 12.5 pct in May, improves by 3 pps on last year
EconomyMacroeconomyshowed that Greece’s employment balance in June had 19,113 more hirings than firings. During the first
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Digital initiatives challenged by opposition focussed on cost of living and political hires
PoliticsGreek Politicsprogramme of digitisation of public services, which started in earnest during the pandemic and has proven
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Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
EconomyMacroeconomythe annual growth captures the base effect and a much-subdued retail season, even during the annual
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Impact of uncertainty on economy starting to emerge in hard data
EconomyFeaturesduring the winter, which would push the continent into recession in the last quarter of the year
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PM prepares response as pressure over spying scandal mounts
PoliticsGreek Politicsthe spying operation was uncovered almost accidentally during an investigation by the Hellenic Authority
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Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
EconomyMacroeconomy. During the first six months of 2022 the employment balance was positive with 267,192 more jobs
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Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
EconomyMacroeconomyrevenues came to 33.7 billion euros, above target by 4.8 billion euros. The budget balance during
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Political impact of spying revelations unclear, as drip-feed of information continues
PoliticsGreek Politics, or whether the timing of the revelations during the peak holiday season, aided by the scant coverage
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