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Credit growth stable at 7.4 pct YoY in March, led by business loans
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was positive by 2.39 billion euros after an inflow of 1.26 billion
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Retail sales growth remained strong in Feb with 7.2 pct YoY rise
EconomyMacroeconomyThe growth of Greece’s retail sales was stable with a rise of 7.2 percent year-on-year (YoY) in February, after a rise of 7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed. The corresponding volume index also rose by 4.6 percent YoY, from a 4.5 percent increase
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CPI at 5.4 pct YoY in April - highest since early 2023
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated significantly in April with a rise of 5.4 percent year-on-year (YoY), from 3.9 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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Electricity supply pushes industrial production up 8.3 pct YoY in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) accelerated in March with a rise of 8.3 percent year-on-year (YoY), from 2.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. Month-on-month (MoM), the seasonally adjusted index in March recorded
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Speculation about election date resurfaces as Mitsotakis mulls options
PoliticsGreek PoliticsFor a government that insists it intends to complete its four‑year term, New Democracy is behaving remarkably like a party preparing for an election. Over the past couple of weeks, Prime Minister... that assumes the government can absorb the political wear and tear of another year. The 16th New
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Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
EconomyMacroeconomyVehicles going into circulation for the first time had marginal gains of 0.6 percent year-on-year (YoY) in April, after a jump of 16.5 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In April 2025, licences had decreased by 2.1 percent annually. Car
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Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
EconomyMacroeconomyGreece’s import price index jumped by 11.4 percent year-on-year (YoY) in March, after a 3.2 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The index peaked in April 2022 with a 39.1 percent rise and has been
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April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomywith last year’s 3.39 billion euros in the same period. PIB Public Investment Budget revenues came... 884 million euros from the RRF this year.
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How inflation has reshaped Greek household spending
Agora% increase in 2022 does not regain purchasing power when inflation falls to 3.5% the following year... years earlier. Across the five‑year period, the cumulative additional cost borne by the average
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Refined oil products propel 27.4 pct YoY rise in March industrial turnover
EconomyMacroeconomyGreece’s industrial turnover recorded a sharp rise of 27.4 percent year-on-year (YoY) in March, from a drop of 4.8 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. On a rolling 12-month basis, the industrial turnover was up by 1.8 percent
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