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  1. Credit contraction stays stable at 2 pct in June, net additions for first time this year

    EconomyMacroeconomy

    Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. The lending flow turned positive for the first time in 2016 with net additions of 479 million euros in June from deductions of 357 million in May. June additions almost fully

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  2. Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln

    EconomyMacroeconomy

    Investment Budget (PIB) balance posted a marginal deficit of 2 million in September from 606 million last

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  3. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consecutive month and fell by 2 points to -53 in February compared to -51 in January. Year-on-year

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  4. Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which

    49%

  5. Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018

    EconomyProgramme

    are expected to bring in over 2 billion euros over the next few years. DEPA In early June, Energy

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  6. Industrial production up by 2 pct in September

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased year-on-year (YoY) by 2 percent in September from a downward revised 1 percent increase in August, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The latest figure extends the streak of positive months for the index to seven

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  7. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in April compared to an upward revised increase of 5.4 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline figure returns the index to negative territory after March’s positive reading, which was the first

    49%

  8. Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in May, almost at the same rate as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure marks two consecutive negative readings. The corresponding volume index

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  9. Government compromises on 2 pct rise for minimum wage
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    It was confirmed at a cabinet meeting on Monday that the minimum wage will rise by 2 pct, a symbolic increase that is the result of the government’s unwillingness to leave salaries unchanged but also its desire not to come into conflict with business owners who are being tested by the pandemic

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  10. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in January 2020 the current account posted a deficit

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