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  1. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    since early March, totalling 2.2 billion since the start of the year. Funding costs (i.e. interest... and rose to 2.2 billion in the year to date, which is in line with the bank’s new loan origination target

    9%
  2. CPI falls by 1.8 pct YoY in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    is now at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core..., the goods’ index fell by 2.2 percent while the services index fell by 1.4 percent YoY. The harmonised

    9%
  3. Newsletter 273 -13/11/2020

    Newsletters

    2015 when it fell by -2.2 percent. Greece’s Consumer Price Index (CPI) fell by 1.8 percent year... remains at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core

    9%
  4. CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    of -2.2 percent seen in July 2015. The data showed that the core index fell by 1 percent in February, less... in transport. This was followed by household equipment (-2.2 percent) and housing (-1.9 percent

    9%
  5. Newsletter 302 - 18/06/2021

    Newsletters

    in May slows to 2.2 pct Monthly flow was negative by 17 mln Corporate lending balance's net monthly... sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG

    9%
  6. Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    index in April inched up by 2.8 percent month-on-month, while volume increased by 2.2 percent... had a modest drop of 2.2 points month-on-month, however, staying positive at 2.8 points.

    9%
  7. Economic sentiment rises to 113 points in August, but consumer and retail confidence slide
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    at 116.5 points for the month. Consumer confidence fell by 2.2 points month-on-month and came to -35.1...-on-year. Finally, the construction confidence indicator worsened by 2.2 points. Compared to the same

    9%
  8. Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.5 pct of GDP in 2023, reaching 2.2 pct in 2024 and remaining at that level on average... euros and interest payments at 2.5 pct of GDP. Even if the primary surplus goal of 2.2 pct does not need

    9%
  9. Newsletter 335 - 15/04/2022

    Newsletters

    the baseline assumptions and on the fiscal side Greece is expected to keep a primary surplus of 2.2 pct... expected to grow in the coming years, a 2.2 pct of GDP primary surplus is sufficient to cover debt

    9%
  10. May cash deficit improves markedly YoY as revenues rise by 3.5 bln
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    of Greece on Friday. The overall cash balance was a deficit of 933 million euros, from a deficit of 2.2... and significantly reduced expenditure by nearly 2.2 billion euros as last year was affected by Covid

    9%