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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyThe OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP growth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was broadly
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsfor the 6.2-million-square-meter site. The project has received some negative publicity from the media
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
EconomyGreece’s budget execution showed a primary surplus of 2.06 billion euros to February, which is over four times higher than the 487 million posted in the corresponding period last year, according to the final data released by the Ministry of Finance (MoF...
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Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
EconomyMacroeconomyThe Finance Ministry unveiled on April 30 the Medium-Term Fiscal Strategy (MTFS) for 2015 – 2018, which was also tabled in Parliament. The government aims for the program to be voted through the House by May 5 to coincide with the date of the next Eurog...
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Interest Rate, Households Deposits, Old, Up to 2 years maturity
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Interest Rate, Non-Financial Corporations Deposits, Old, Up to 2 years maturity
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the fourth straight month in October, when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG) monthly financial statement showed on Monday. Since J...
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