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  1. Corporate lending drives 10.5 pct YoY rise in credit expansion
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    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in February, rising by 10.5 percent year-on-year (YoY), from 10 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 1.41 billion euros after a negative movement

    2%
  2. Building activity ended 2024 strongly, permits up 14.9 pct in 2024
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 13.2 in the previous month. The index is unchanged on the rolling 12-month basis.

    2%
  3. PMI rise in Mar signals strong expansion, input costs at highest since 2022
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    EconomyMacroeconomy

    Greece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April

    2%
  4. Sharp drop in unemployed figures pushes unemployment rate to 8.6 pct in Feb
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 8.6 percent in February, from an upwards revised 9.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In February last year, the unemployment rate was 11.5 percent. Despite minor

    2%
  5. Minimum wage increase crashes against reality of Greeks' low purchasing power
    Photo by MacroPolis

    Agora

    at that level until 2019, when it was upped to 650 euros by the previous SYRIZA-led administration. After

    2%
  6. Newsletter 459 - 11/04/2025

    Newsletters

    in the previous month, however, there are several alarming signs in the data behind the headline number

    2%
  7. Solid taxes and significant underspend push primary surplus 3.88 bln above target in Q1

    EconomyMacroeconomy

    of the previous year’s income taxes collected in instalments until the end of February 2025. It is noted

    2%
  8. Travel surplus shrinks up to Feb as payments rise sharply
    Image: MacroPolis

    EconomyMacroeconomy

    . This compares with 1.46 million in the previous year.

    2%
  9. Building activity starts 2025 with sharp YoY drop of 17 pct in permits
    Photo by MacroPolis

    EconomyMacroeconomy

    points, from 7.2 in the previous month. The index is up roughly 17 points on the rolling 12-month basis.

    2%
  10. Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent year-on-year (YoY), from 10.5 percent in the previous month, Bank of Greece (BoG) figures released on Tuesday showed. The net lending flow was positive by 1.95 billion euros after 1.41 billion euros

    2%