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  1. Credit growth edges up to 1.1 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after

    19%
  2. Growth in car sales slows to 1.1 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year

    19%
  3. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    19%
  4. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    taxes by 34.3 percent. In contrast, indirect taxes slightly eased by 1.1 percent to 2.39 billion... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika

    19%
  5. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    using Hellenic Statistical Authority (ELSTAT) figures. Around 1.1 million main pensions (40.4... euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2 million

    18%
  6. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    quarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million...) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio

    18%
  7. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... (6.8 billion euros) along with NPE reductions totalling 1.1 billion euros. Alpha Bank is moving ahead

    18%
  8. Clashes add to political tension over division, police violence
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , with one policeman shouting “Let’s go and kill them.” There were also reports of policemen attacking... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along...” and focussing on the serious injuries suffered by the policeman. We warned against “blind rage” and said

    16%
  9. Newsletter 210 -07/06/2019

    Newsletters

    by the government before the EU elections on May 26 would have a fiscal impact of 1.1 to 1.4 percent... in May Month-on-month, the index showed a fall of 1.1 percent May’s reading has kept the index positive... by 1.1 percent when compared to April. The core index edged up by 0.2 percent in May, following

    14%
  10. Newsletter 178 -12/10/2018

    Newsletters

    April, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising... years, after a total surplus of 0.7 percent in 2016 and 1.1 percent in 2017. It also underlines... the figures of the summer of 2011. CPI up by 1.1 pct in Sept Monthly increase is the highest since

    14%