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  1. Data shows export market shake-up amid pandemic
    Photo by MacroPolis

    EconomyFeatures

    by 13.4 percent in the first six months according to the Bank of Greece (BoP) data up to June... from 38th place. The drop in petroleum product exports and imports is linked to the decline

    18%

  2. Industrial production up by 4.4% in February

    EconomyMacroeconomy

    revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent..., business confidence picked up, with firms expanding their workforce numbers in anticipation

    18%

  3. Govt talks up benefits of pension reform as Delta variant concern grows
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to drop from 16 pct of the average wage to below 10 pct by 2050 because the ageing population will lead... the current system to the new one. Actuarial studies have estimated it will cost 56 billion euros up

    18%

  4. EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    to receive up to 7.5 billion euros by the end of the year, 4 billion of which is the 13 pct advance... into a drop in unemployment in 2021. The global inflationary pressures are expected to be offset

    18%

  5. Car sales shoot up by 40.3 pct YoY in June, continuing recent trend
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) data showed on Friday. In June 2020, the year-on-year change had shown a drop of 24.7 percent... at 19,983. The remainder was made up of lorries (2,565) and buses (142). Motorcycle sales increased 17.1

    18%

  6. NBG increases profits in H1 as it progresses with NPE clean up
    Photo by MacroPolis

    EconomyBanking

    786 million in 2020, was up by 8 pct at 727 million. Asset quality NPEs continued heading south... euros. Operating expenses in H1 came to 373 million euros, a 8 percent drop YoY. Balance Sheet Greek

    18%

  7. Building activity recovery continues in Aug, up by 29 pct in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of building permits issued in Greece picked up again in August, rising by 12.7 percent year-on-year (YoY), from an increase of 6.8 percent in July, according to Hellenic Statistical.... The biggest increase was seen in the South Aegean with 40 percent and 161 permits. The biggest drop was noted

    18%

  8. Vehicle sales up 20.7 pct in Nov, boosted by jump in purchases of used cars

    EconomyMacroeconomy

    (ELSTAT) data released on Wednesday. In November 2020, the year-on-year change was a drop of 10.7.... The remainder was made up of lorries (2,464) and buses (136). Motorcycle sales increased 22.2

    18%

  9. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    In the closing weeks of the year, Greek systemic banks have maintained their efforts to tidy up their balance sheets and execute on their business plans, which foresee them reaching single digit NPEs... pct consumer loans, 300 million. Following this transaction, the bank’s NPE ratio will drop to 13

    18%

  10. Tsipras tries to keep spotlight on ND, talks up election chances
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    the centre-right administration of allowing staff numbers, such as station masters, to drop... percentage points, there has been no indication of SYRIZA picking up any of these voters

    18%