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  1. Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector slowed in April, moving up by 3.9 percent year-on-year (YoY), after a rise of 5.2 percent in March, Bank of Greece (BoG) figures released on Tuesday showed. Credit expansion slowed down in the months following February 2021, before resuming

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  2. Wages index grows by 5.5 pct in Q1, slows from previous quarter
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index kept the strong growth trend rising by 5.5 percent year-on-year, from an upwards revised 8.8 percent in the last quarter of 2022, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings

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  3. VAT, income taxes help push May budget primary balance above target by more than 3 bln
    Finance Ministry

    EconomyMacroeconomy

    (MoF) budget execution data released on Monday. In the first five months of the year, the budget... million euros. Last year, interest payments were 2.6 billion euros in the same month of 2022. PIB PIB

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  4. Early goals set as new cabinet gets to grips with tasks for ND's second term
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    administration after making some strides in his first four-year term, particularly in terms... for increases to pensions and civil servants’ pay from next year, as well as a 1,000-euro increase

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  5. Deposits rise by 794 mln in May, balance at 186.42 bln

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system was positive by 794 million euros in May, after a small drop of 15 million euros in April, based on the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in May was 3.3 percent year on year (YoY), from

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  6. Credit growth slows to 3.1 pct in May, as flow to corporations contracts
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector continued to slow in May, rising by 3.1 percent year-on-year (YoY), from 3.9 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. Last December’s growth was the highest since the summer of 2009 with 6.3 percent, however

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  7. Mitsotakis gears up for Erdogan meeting as US backs improved ties

    PoliticsForeign Policy

    As Prime Minister Kyriakos Mitsotakis prepares for his first meeting with Turkish President Recep Tayyip Erdogan in more than a year, he has received backing from Washington for the two countries... 2022. Mitsotakis’s appearance in the US Congress in May of that year and his appeal to US lawmakers

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  8. CPI drops in Jun on back of lower energy costs, but food prices continue to climb
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) dropped below the ECB’s target of 2 pct in June, with a reading of 1.8 percent year-on-year (YoY), after growing by 2.8 percent in May, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling

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  9. Government focusses on cost of living with economy bill, push for lower ferry prices
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    turns 18 this year 150 euros, an increase of 1,000 euros in the tax-free threshold for couples... year, to passengers. Government officials met with ferry executives on Tuesday to pressure

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  10. Spyware probe reveals multiple targets, prompts opposition calls for answers
    Image: https://flic.kr/p/2iZn7vV

    PoliticsGreek Politics

    , to be allowed to do their work without interference. Since last year, there has been friction between..., especiall after the departure of the PM's former aide and nephew Grigoris Dimitriadis last year, along

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