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  1. Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021

    EconomyMacroeconomy

    Greece closed 2022 with a current account deficit of 2.66 billion euros, down from 3.93 billion euros in November 2022, Bank of Greece (BoG) data showed on Monday. In December 2021, the balance showed a deficit of 2.28 billion euros, while in December 2020 the current account posted a deficit

    2%

  2. PM hails uptake of food voucher scheme amid growing evidence of hardship

    PoliticsGreek Politics

    the “shopping basket” had failed to slow down price increases. The Mitsotakis government is confident

    2%

  3. Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
    Photo by MacroPolis

    EconomyBanking

    of sales and write-offs. The organic cost of risk is 0.8 pct, slightly down from the 0.9 pct

    2%

  4. Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
    Photo by MacroPolis

    EconomyMacroeconomy

    while volume is also down by 6.7 percent. This is a much more modest construction activity from

    2%

  5. Jan delivers most negative hiring balance since 2017
    Photo by MacroPolis

    EconomyMacroeconomy

    group at 10,440, with lowest at 64+ with 1,025. Broken down by employment activity, employment jobs

    2%

  6. Newsletter 372 - 03/03/2023

    Newsletters

    rate in January, down to 10.8 pct, a number not seen since the era before the debt crisis

    2%

  7. PM forced to adjust line over deadly train crash amid public anger
    Photo by MacroPolis

    PoliticsGreek Politics

    after the fatal accident, Mitsotakis had suggested that the crash was mainly down to human error

    2%

  8. Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
    Photo by MacroPolis

    EconomyBanking

    . Eurobank’s NPE ratio stood at 5.2 percent in 2022, down by 1.6 percentage points year-on-year, while NPE

    2%

  9. Newsletter 373 - 10/03/2023

    Newsletters

    the fatal accident, Mitsotakis had suggested that the crash was mainly down to human error

    2%

  10. Industrial production up by 0.5 pct in Jan, electricity supply drops

    EconomyMacroeconomy

    of negative readings. Since March last year, industry confidence is down by 5 points. In addition, Greece’s

    2%