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  1. Loans to corporations drive credit growth of 5.1 pct YoY in March

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector increased slightly in March, moving up by 5.1 percent year-on-year (YoY), after a rise of 4.8 percent in February, Bank of Greece (BoG) figures released on Tuesday showed. Credit expansion slowed down in the months following February 2021

    2%

  2. Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    , inequality also dropped with the Gini coefficient down by one point to 31.4 percent, while the ratio

    2%

  3. Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline

    EconomyMacroeconomy

    points after six months of negative readings. Since May last year, industry confidence is down

    2%

  4. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    and 30-44 years old with 41,300 approximately more jobs. Broken down by employment activity

    2%

  5. Resounding win for Mitsotakis, who has majority comfortably in reach
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    in the final stretch before the May 21 vote. SYRIZA’s score was more than 10 points down on its result

    2%

  6. Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 7.36 billion euros, down from 9.13 billion euros in 2022. The oil deficit is more modest, from

    2%

  7. Fresh elections on the cards as SYRIZA reluctantly confronts full scale of defeat
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    Greece is headed for a re-run of last Sunday’s elections after the two main parties turned down the opportunity to start coalition talks. New Democracy failed to secure an outright majority despite a last-minute landslide at the polls, and with no alliances in the making it is expected that fresh

    2%

  8. Formalities proceed, paving way for June 25 vote and tough questions for opposition

    PoliticsGreek Politics

    to 19.5 pct, down by 0.6 points on Sunday. PASOK is seen rising by almost 3 points to 14.4 pct

    2%

  9. Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector slowed in April, moving up by 3.9 percent year-on-year (YoY), after a rise of 5.2 percent in March, Bank of Greece (BoG) figures released on Tuesday showed. Credit expansion slowed down in the months following February 2021, before resuming

    2%

  10. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    spending was down by 1.9 percent annually. Exports rose by 8.9 percent year-on-year, with goods up

    2%