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April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomy(ELSTAT) data revealed on Friday. The headline figure is the sharpest drop in the index since... percent decrease in the mining and quarrying index, followed by a drop off 11.3 percent in manufacturing and a drop of 4.7 percent in the electricity supply index. An increase of 2.5 percent
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politicsa second wave. Epidemiologist Nikos Sypsas, a member of the scientific committee advising
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PM calls for step-up in jabs, tougher enforcement in response to rising infections
PoliticsGreek Politics. Professor Nikos Sypsas also appeared to chide the PM, warning that “the virus has its own agenda
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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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