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  1. Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly stable after reaching

    7%

  2. Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching

    7%

  3. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by the jump in services, which increased by 47.4 percent, and exports of goods up by 3.3 percent

    7%

  4. Newsletter 351 - 16/09/2022

    Newsletters

    continues sending signals of strong recovery as employed increased by 3.3 pct on annual basis

    7%

  5. Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

    Economy

    GDP by up to 3.3 pct by 2026. In the ratings drivers, policies of pro-growth and pro-reform

    7%

  6. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    for 2022. Employment is only showing remarkable signs of growth, up by 3.3 pct in June, leading

    7%

  7. Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct

    EconomyMacroeconomy

    effects are reflected in volumes, with fuels up by just 1.7 percent, and modest rises in food by 3.3

    7%

  8. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    was 8.7 pct, with a coverage of 49 percent. The stock was 3.3 billion euros. The bank notes that two

    7%

  9. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    was down by 0.6 percent. Investment grew by 2.4 percent. Exports decreased by 3.3 percent

    7%

  10. Growth in import prices slows to 21.3 pct in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , and non-durable consumer goods at 7.8 percent. Capital goods were up by 3.3 percent and durable

    7%