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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
EconomyBankingEurobank posted a net profit of 691 million euros in H1 2025, from 721 million euros a year earlier, down by 4.3 percent year-on-year (YoY). Core pre-provision income (PPI) rose by 6.6 percent year-on-year (YoY) in H1 to 1.02 billion euros, from 958 mil...
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnin...
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Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared to a surplus of 7.57 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thurs...
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Oct budget execution data affirms strong revenue performance
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 10.25 billion euros up to October, compared to a surplus of 13.53 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on T...
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
EconomyMacroeconomyVehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2024, licences h...
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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Expenditure, excludi...
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
EconomyMacroeconomyGreece’s industrial turnover recorded a significant rise of 5.6 percent year-on-year (YoY) in December, from unchanged in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The previous two months were revised...
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Will Tsipras move to centre stage to secure deal with lenders?
PoliticsGreek Politicswithin the government, even leading to thoughts of removing Panousis’s portfolio from the Interior.... Interior Minister Nikos Voutsis and Alternate Minister for European Affairs Nikos Hountis
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Launch of new movement highlights fragmentation of Greek centre-left
PoliticsGreek PoliticsFormer Interior Minister Yiannis Ragoussis is set to launch a new centre-left movement on Wednesday, highlighting the fragmentation in this part of the Greek political spectrum. With PASOK... to liberalise the taxi sector while he was interior, and then transport, minister between 2009 and 2011. He
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicsthat the Interior Ministry is asking for an extra 60 million euros from the Finance Ministry to carry out... to discuss election issues. Interior Minister Alexis Haritsis has reportedly stepped up his meetings
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