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PM attempts to regroup, shift focus after testing week over Tempe crash
PoliticsGreek Politicsto the To Vima report and Androulakis’s strong performance in the censure motion debate have given... to 830 euros, from the previous 780 euros. The net gain is roughly 39 euros as the new minimum wage will reach 706 euros net. This is the fourth rise of the minimum wage in recent years, with 560,000
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Newsletter 463 - 23/05/2025
of Freedom’s strong performance and PASOK’s endurance. No other party has more than 3 pct support.... Government officials argue that this improvement in net earnings is also the outcome of several... that the cumulative rise in net earnings is enough to cover the cost-of-living crisis, leading both to nominal
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
EconomyMacroeconomyon Thursday showed. The net lending flow was negative by 1.26 billion euros after an inflow of 2.74 billion euros in June, with strong inflows over the last few months. The outstanding balance was 124.75 billion euros. The corporate lending balance’s net monthly flow was negative by 1.27 billion euros, after
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Credit expansion still solid in Nov as it rises by 7.2 pct YoY
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it slightly moderated... of Greece (BoG) figures released on Friday showed. The net lending flow was positive by 1.3 billion euros.... The outstanding balance was 126.45 billion euros. The corporate lending balance’s net monthly flow
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Credit to corporations drives loans growth for 7.9 pct YoY in Dec
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in December, rising by 7.9 percent... on Thursday showed. The net lending flow was positive by 3.88 billion euros after an inflow of 1.3... was 130.11 billion euros. The corporate lending balance’s net monthly flow was positive by 3.67 billion
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyJanuary, 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... deposits dropped by 4.43 billion euros, while household deposits had a net outflow of 756 million
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Annual credit growth stays stable at 7.6 pct in Jan
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 7.6 percent... on Thursday showed. The net lending flow was negative by 2.14 billion euros after an inflow of 3.88... was 127.9 billion euros. The corporate lending balance’s net monthly flow was negative by 1.98 billion euros
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomy“recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... by 130 percent to 3.75 billion, mainly owed to higher general government net transfer receipts from the EU, also including the SMP income of 1.5 billion. The widely expected strong tourism season led
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C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year
EconomyMacroeconomy. The strong monthly performance led year-to-date C/A surplus year to widen at 2.55 billion at the end... owed to higher general government net transfer receipts from the EU, also including the SMP income of 1.5 billion. The already evident strong tourism season led travel spending by non-residents up
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