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  1. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest OECD forecasts predict GDP to rise by 6.7 percent in 2021 and 4.8 percent in 2022, before

    11%

  2. Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
    Photo by Giannis Papanikos/Fosphotos

    EconomyBanking

    of this year and 2.2 billion euros in the end of 2024, with ratios of 5.8 and 4.8 percent respectively. P&L

    11%

  3. BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of 3.8 pct, from 4.8 pct previously. The adverse scenario depends on the duration and extent

    11%

  4. Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) recovered in February, rising by 4.8 percent year-on-year (YoY), after having recorded the first contraction after months in January, dropping by 0.2 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. IPI has grown in 15

    11%

  5. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    Commission. Greece ran deficits of 10.9 and 8.7 pct of GDP in 2020 and 2021, roughly halving to 4.8

    11%

  6. Reopening of 7-year bond affirms tougher conditions on sovereign debt market
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    with orders of 4.8 billion euros, including 325 million euros from the lead managers. The book had

    11%

  7. Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    with the outstanding balance to 4.8 billion euros.

    11%

  8. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    of 4.8 pct in real terms. In the subsequent years, growth settles to the 3.5 pct level

    11%

  9. Newsletter 336 - 06/05/2022

    Newsletters

    and is expected to accelerate in 2023 to 4.8 pct, suggesting tolerance in the economy from

    11%

  10. Industrial production rises by 7.9 pct in Mar, driven by electricity supply

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued its recovery in March, rising by 7.9 percent year-on-year (YoY), from 4.8 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. IPI has grown in 16 of the last 17 months, since November 2020. The most

    11%