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  1. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    year’s recovery have been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct

    41%

  2. Retail turnover drops by 5 pct and volume by 3 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 5 percent in January following a revised drop of 12.8 percent in December, Hellenic Statistical Authority data showed on Wednesday. The index has now dropped in 10 of the last 11 readings, showing the impact of Greece’s lockdowns. The corresponding volume

    41%

  3. In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
    Photo by MacroPolis

    EconomyMacroeconomy

    probable course of action until the end of the year as the benchmark trades at yields in the region of 5

    41%

  4. Nov sees 5 pct rise in loans, led by corporations and consumer credit
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    Credit movement in the Greek private sector slightly slowed in November, rising by 5 percent year-on-year (YoY), from 5.3 percent in October, and 6 percent in September, Bank of Greece (BoG) figures released on Thursday showed. The growth in credit expansion had remained broadly stable after

    41%

  5. Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years

    EconomyMacroeconomy

    Interest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday. The average of new loans

    41%

  6. Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    of fixed assets of 1.57 billion and 673 million euros. Interest payments came to 5 billion euros

    41%

  7. PM hopes for return to normality by summer, but vaccine progress remains slow
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    doses of the Pfizer/BioNTech vaccine on Monday, bringing the total received to 326,000 doses out of the total 1.4 million expected by the end of March. In addition, 240,000 doses of the Moderna vaccine..., “but we know we cannot do that forever”. Authorities announced on Tuesday a ban on outdoor gatherings

    41%

  8. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent

    40%

  9. Newsletter 357 - 04/11/2022

    Newsletters

    that the total energy support package in 2022 will reach more than 13 billion euros by the end... power for Greek households has gone up by nearly 5 times since August last year, having jumped from 4.5... that since Patsis was Alternate Interior Minister Stelios Petsas’s best man and that Justice Minister

    40%

  10. You can call it reform if you like
    Photo by MacroPolis

    Agora

    . More than 75,000 employees applied and a total of 35,239 were accepted. New Democracy chose... Democracy had won the March 2004 elections by almost 5 percentage points, garnering some 360,000..., former Interior Minister and current New Democracy MP. Pavlopoulos has spent the last few years

    40%