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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching
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Wages index grows by 5.5 pct in Q1, slows from previous quarter
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index kept the strong growth trend rising by 5.5 percent year-on-year, from an upwards revised 8.8 percent in the last quarter of 2022, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings
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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
EconomyMacroeconomyGreece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive
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If you think it's bleak for Greece now, wait until tomorrow
Agoratrack record over the last 40 years is not a source for great optimism. Greece’s total factor productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which... that will endanger its clientelistic interests, total factor productivity in Greece is not seen
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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicsimmediately, from the next elections, but all of the opposition parties, bar ultra-nationalist... MPs so even if it votes in favour of the new system, this would only take the total number... term for Pavlopoulos but the likelihood of the ex-interior minister being given another five years has
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Newsletter 267 -02/10/2020
, especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements...) which outlines how late payments impact the business outlook across Europe. A total of 9,980... expenses were food and non-alcoholic beverages which accounted for 20 percent of total expenditure
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammemeasures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming... producers with the total new tax and contribution burden standing at lower than current levels
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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek Politicsto survive the vote. While Venizelos has backed away from setting the bar for the centre-left Olive Tree..., Potami 5.5, IndGrks, DIMAR 1.4 — MacroPolis (@MacroPolis_gr) May 14, 2014 The projected results... also mean that the combined total of the support for PASOK and New Democracy would be more or less
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomysettling at 1.77 billion making up 47 percent of total arrears. Tax refunds were the only subsector... percent of total. Hospitals’ arrears are the third key contributor with the outstanding figure at 606 million at the end of 2014 corresponding to 16 percent of total. The other three subsectors make up
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyon the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya
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