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  1. Industrial production up by 4.4% in February

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent

    5%

  2. Building permits increase by 6.4 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Building permits increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 1,453. The corresponding surface area increased by 4.9 percent while

    5%

  3. PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
    Photo by MacroPolis

    PoliticsGreek Politics

    million this year and will drop to 200 million annually from next year. The fiscal cost of lower social

    5%

  4. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP

    5%

  5. Trade deficit rises by 27.1 pct in March as imports surge
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 27.1 percent year-on-year (YoY) in March compared to a drop of 33.2 percent in February, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 2.09 billion euros for the month. Imports totalled 5.43 billion euros, showing

    5%

  6. New tax debt at 2.31 bln March, rising by 685 mln month-on-month

    EconomyMacroeconomy

    , this represents a drop of 178 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    5%

  7. Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
    Photo by MacroPolis

    EconomyBanking

    Equity Tier 1 (CET1) ratio stood at 16 percent, a drop of 125 basis points from the previous quarter

    5%

  8. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    ) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY

    5%

  9. GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY

    EconomyMacroeconomy

    , following an 8 percent drop in Q4. Final consumption represents the majority of GDP, making up

    5%

  10. General govt primary cash deficit at 6.66 bln in April; arrears fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Arrears to the private sector (including tax refund arrears) showed a drop of 249 million euros

    5%