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  1. Credit expansion slows to 1.2 pct in July as corporate loans contract
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    again after May’s decline. The outstanding balance decreased to 112.49 billion euros, from 113.89

    2%

  2. Deposits contract by 191 mln in July as business savings decline
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    on year (YoY), from 3.5 percent in June and 3.3 percent in May. The outstanding balance of private sector

    2%

  3. New labour law set to cause friction, as surprise candidate launches SYRIZA leadership bid

    PoliticsGreek Politics

    of favourite Efi Achtsioglou may also have contributed to an apparent lack of appetite among the party

    2%

  4. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    the Ukraine conflict. The index hit its most recent low in May 2020 following the Covid outbreak

    2%

  5. Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year

    2%

  6. Aug PMI marks seventh month of improved manufacturing conditions, cost pressures resume
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    that the rate of the overall growth was the second fastest since May 2022 and it compares favourably

    2%

  7. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The price index was in deflation for the 12 months prior to May 2021, when CPI posted a marginal

    2%

  8. Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn

    PoliticsGreek Politics

    will be Christos Stylianidis, who served as Civil Protection and Climate Crisis Minister up until the May

    2%

  9. Newsletter 393 - 15/09/2023

    Newsletters

    Minister up until the May elections, replaced him. Varvitsiotis is the second minister to resign after

    2%

  10. Mitsotakis prepares to meet Erdogan, hoping to build on recent momentum
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    that there is a high probability that Athens may consider blocking Tirana’s progress.

    2%