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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyrepresents the lowest reading since January 2015. The ECB decided to reduce the ELA ceiling for Greek... ceiling had remained stable at 46.3 billion. Meanwhile, Greek banks’ reliance on ECB funding further... recorded a cumulative drop of 64.69 billion, of which more than two thirds (43.62 billion) relates
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeeuros from its current level of 8,636 euros (for a single person). The current ceiling... percent), but this would require the tax-free threshold to drop to around 5,000 euros to yield the same amount of additional revenues. The large decrease in the ceiling means that this option is unlikely
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomyat a slower pace of 395 million in March after a drop of 638 million in February and stood at 138.41 billion... in the previous month. Moreover, after a rise in the ELA ceiling by 400 million on March 23, the ECB kept that figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomylowering the funding ceiling to Greek banks for several months. The most recent reduction came on October 7, when it was announced that the ELA ceiling for Greek banks would be reduced further by 1 billion euros to 32.6 billion. The drop reflected “developments in the liquidity situation of Greek
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Newsletter 491 - 23/01/2026
voters at 12.5% and abstentions at 2.5%. The poll also tested the ceiling for new entrants: Karystianou... the opposition map. Karystianou misstep Her potential support, whether measured as a ceiling of 31% or as nearly... a volume trigger with a 5% annual increase in imports, and a price trigger with a 5% drop in market prices
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomyGreece’s retail sales resumed contraction in October with a drop of 0.6 percent year-on-year (YoY), after an increase of 1.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index had another decline of 1.5 percent YoY. Volumes have now
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday. December has a strong seasonal
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Drop in industrial production accelerated in November with 6.1 pct decline
EconomyMacroeconomyThe drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following... percent), July and August recording the highest drop (7.6 – 7.8 percent), while the other monthly readings showed a mid-single digit drop. IPI has only had only four positive year on year (yoy) readings
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Building activity suffers larger drop of 30.9 pct in November
EconomyMacroeconomypercent, while surface and volume recorded a slower drop, -16.4 and -10.3 percent respectively. According to the regional breakdown, the highest drop in November was posted in West Macedonia (down 51.2... to 16,400 in 2013 from 65,500 in 2008, almost three times the GDP drop in this period. Unlike other
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1... to the rate posted in February, when it had recorded a sharp drop from the January figure of 2.8...). It is noteworthy that none of the twelve main groups and services showed any MoM drop in prices in March
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