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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe 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
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Unemployment rate edges up marginally to 9 pct in Mar
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up slightly to 9 percent in March, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In March last year, the unemployment rate was 10.8 percent. Despite minor fluctuations in recent
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Producer prices pick up pace by 2.1 pct YoY in Mar
EconomyMacroeconomy), the index was down by 0.2 percent, from a minor drop of 0.1 percent in the previous month. Over
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Solid conditions in manufacturing continue with PMI at 53.2 in April
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points in the previous month, according to S&P Global data released on Friday. The manufacturing sector showed a solid improvement in operating conditions at the start of the second quarter, marking one
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
EconomyBankingmillion euros, from a 4 million euros loss in the previous year. Total operating expenses stood
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Significant underspend and strong tax revenues push primary surplus to April above 5 bln
EconomyMacroeconomyof the previous year’s income taxes collected in instalments until the end of February 2025. Also
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomyThe European Commission published on Monday its latest spring forecasts, which leave the macro and fiscal outlook for Greece broadly unchanged from the previous estimates, with the Greek economy seen outperforming eurozone growth by some margin. For last year, the Commission notes that domestic
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Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
EconomyMacroeconomy. This compares with 2.33 million in the previous year.
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ND tries to contain farm payments scandal as leftists disagree over Tempe inquiry
PoliticsGreek Politics, which had already removed the previous OPEKEPE chief to install Salatas, a former judge, on a temporary
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Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomyto 6.2 points, from 13.6 in the previous month. The index is down roughly 8 points on the rolling
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