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Central govt debt rises again in Q4, reaching 388.3 bln euros
EconomyMacroeconomyto 18.65 years at the end of last year, from 18.93 years in Q3. Peak average maturity was 20.85 years... (over 5 years) debt made up 74.6 percent of the total, while short-term (up to 1 year) and medium-term
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Faced with limited policy options, govt mulls inflation handout
PoliticsGreek Politicsto the minimum wage this year as evidence that the government is doing more than just helping contain... with Tsipras’s inability to move the party forward over the last 2-3 year. However, the former minister
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Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros
Economypct of employment. Wages The wage structure shows a handful of fluctuations year-on-year, with 18.3
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammewith the latest estimates by the European Commission, this year’s growth is seen at 4.9 pct, before settling lower... assisted by the Hercules APS has managed to drop the NPE ratio to 15 pct as of September last year
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Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomyThe budget primary balance for the first month of 2022 came to a small surplus of 15 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the final... million euros. Last year, interest payments were 239 million euros. Pandemic related spending
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Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
PoliticsGreek Politicsto Greece’s economic recovery and the government’s hopes that 2022 would be the year that a number... this year’s budget due to the multiple effects of the war, which will become clearer as time passes
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Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
EconomyMacroeconomy, GDP grew by 8.3 percent year-on-year (YoY), reaching 181 billion euros in constant terms. Nominal
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CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated further in February, rising by 7.2 percent year-on-year (YoY), after an increase of 6.2 percent in January, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The average CPI for the rolling 12-month
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicsdeliberations as officials re-write this year’s budget, which had already been heavily affected..., the Finance Ministry expects the latest developments to impinge severely on this year’s growth
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NBG reports profits of 833 mln in 2021
EconomyBankingyear. The ratio dropped to 6.9 pct and coverage stood at 78 pct. The bank reported that all its clients have exited moratoria as of the end of last year and less than 4 pct as of November
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