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  1. Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.26 billion euros after an inflow of 2.74 billion

    3%
  2. Energy drives 0.5 pct YoY fall in July producer prices as other components rise
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    by 0.2 percent, from a rise of 1.1 percent in the previous month. Over the rolling 12-month period

    3%
  3. PMI improves significantly in Aug, despite exports orders falling for four straight months
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    EconomyMacroeconomy

    Greece’s manufacturing PMI improved significantly in August to 54.5 points, from 51.7 points in the previous month, S&P Global data showed on Monday. This is the strongest improvement in the sector since March, with growth rates stronger than the series average. In August, Greek manufacturing saw

    3%
  4. ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 8 percent in July, from 8.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In July last year, the unemployment rate was 9.8 percent. ELSTAT postponed last month’s labour force survey

    3%
  5. Government hopes new affordable homes bill can help alleviate housing pressure
    Photo by MacroPolis

    PoliticsGreek Politics

    pct from the previous year. The upward trajectory in property values reflects an entrenched supply

    3%
  6. Jobs in education lead negative hiring balance of 20,728 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , seasonal job hires had been strong in previous months, leading to consistently declining hiring balances

    3%
  7. Underspend and taxes push primary balance up to Aug 3.77 bln above target

    EconomyMacroeconomy

    performance in collecting the current year’s taxes, as well as, the better performance of the previous

    3%
  8. ND accused of cover-up in OPEKEPE inquiry as party recruits ex-PASOK minister
    Photo by MacroPolis

    PoliticsGreek Politics

    to the inquiry implicating previous administrations, and particularly PASOK, in fraudulent payments. However

    3%
  9. Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
    Image: MacroPolis

    EconomyMacroeconomy

    in Q4 2024. The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back

    3%
  10. Tourism on track for new record season as receipts rise by 12.5 pct up to July
    Photo by MacroPolis

    EconomyMacroeconomy

    with 17.98 million in the previous year. EU and eurozone arrivals were 10.65 and 7.97 million

    3%