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  1. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released on Friday showed. The growth in credit expansion has remained broadly stable after reaching a peak... their balance sheets through securitisations and sales. The loans balance has dropped by a significant 22

    2%

  2. Inflation to persist, creating more economic policy challenges

    EconomyMacroeconomy

    It has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when... power has a role to play in not reaching the sales levels of 2019, which retailers had been aiming

    2%

  3. PM pledges more support as he seeks to resist inflation, pandemic threats
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    surveillance regime to take root and help rebuild the government’s image, which has been tarnished... on Monday claimed that Mitsotakis has rejected recommendations from within his party to hold snap

    2%

  4. Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis has made it clear that politically his government will stand with the European Union and NATO over Russia’s invasion of Ukraine as his ministers scramble to find... has had a closer relationship with Russia than many EU states in recent times, stands on the Ukraine

    2%

  5. Unemployment broadly unchanged at 13.2 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more... the share of persons with temporary jobs is 6.3 percent. Part-time employment has increased by 10.6

    2%

  6. Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
    Image via www.viohalco.com

    EconomyMacroeconomy

    percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. IPI has grown in 15... confidence has increased by 17.1 points. In addition, Greece’s Manufacturing PMI in March dropped

    2%

  7. Proposals to reform primary health care draw first reactions
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    PoliticsGreek Politics

    into legislation a key pledge of the New Democracy government to reform a thorny area which has long been... and the war in Ukraine. ND has repeatedly accused the leftist opposition of equivocating on the benefits

    2%

  8. Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and secondary income accounts. This is the deepest February current account deficit that Greece has seen... euros in 2021. The oil deficit has increased almost fivefold, from 449.5 million in the first two

    2%

  9. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    certainty around GGBs as one of the reasons leading to an upgrade. The ECB has pledged to continue... in the economic recovery. Greece has already secured 4 billion euros in 2021. Another 5.2 billion euros

    2%

  10. With focus on energy, Athens hopes for boost from Macron re-election
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    government’s main focus is on the matters related to energy prices and supply. Athens has proposed a scheme... at the end of May. The repurposing of leftover RRF funds has been mentioned, for instance. Having France

    2%