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  1. Credit growth slows to 7.8 pct YoY in Oct
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    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong though it moderated in October, rising by 7.8 percent year-on-year (YoY), from 10.7 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.38 billion euros after

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  2. Deposits drop of 2.13 bln in Oct driven by businesses
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    EconomyMacroeconomy

    The Greek banking system’s private sector deposits fell significantly in October, with a net drop of 2.13 billion euros, after a rise of 2.65 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 5.6 percent year on year

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  3. Fuels and food drive 0.7 pct YoY fall in Sept retail sales
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales dropped by 0.7 percent year-on-year (YoY) in September, after a strong rise of 5.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. September’s negative reading reversed the recent trend of three consecutive months of rises. The corresponding

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  4. Lost decades for Greek incomes tell different story to recovery narrative
    Image: MacroPolis

    EconomyMacroeconomy

    The final 2026 budget submitted to Parliament in November reaffirmed Greece’s strong fiscal performance and the sustained trajectory of declining debt. This was followed by the completion of the year... is benchmarked to 2010. In 2009, the year before Greece was engulfed by the largest economic crisis in its

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  5. Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Vehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In November 2024, licences had increased by 1 percent annually. Car sales

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  6. Import prices contract again in Oct with 2.4 pct drop
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. Last month was the first positive reading since

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  7. PM touts strong economy and housing measures but voters focus on everyday worries
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    when asked what they think should be the government’s top priority for the coming year, while 17 pct... over the past year from 48 pct to 56 pct, while satisfaction has decreased slightly from 20 pct to 18

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  8. Podcast - Tax cuts and balancing acts: Greece's 2026 budget

    Agora

    that Prime Minister Kyriakos Mitsotakis had announced earlier in the year. But what else of note... broader economic story as it heads into the New Year. Useful reading Greek parliament approves 2026

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  9. Budget continues to outperform in Nov as taxes beat target by 334 mln

    EconomyMacroeconomy

    and expenditure targets were revised, however, taxes continue to beat even the revised outlook for the year... payments came to 7.61 billion euros, above target by 47 million. Last year, interest payments were 7.68

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  10. Latest BoG report sees sustained growth, range of challenges
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    EconomyMacroeconomy

    maintained solid momentum, with GDP growth of 2.0 pct year-on-year in the first nine months of 2025

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