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  1. Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

    Economy

    GDP by up to 3.3 pct by 2026. In the ratings drivers, policies of pro-growth and pro-reform

    4%
  2. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    for 2022. Employment is only showing remarkable signs of growth, up by 3.3 pct in June, leading

    4%
  3. Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct

    EconomyMacroeconomy

    effects are reflected in volumes, with fuels up by just 1.7 percent, and modest rises in food by 3.3

    4%
  4. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    was 8.7 pct, with a coverage of 49 percent. The stock was 3.3 billion euros. The bank notes that two

    4%
  5. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    was down by 0.6 percent. Investment grew by 2.4 percent. Exports decreased by 3.3 percent

    4%
  6. Growth in import prices slows to 21.3 pct in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , and non-durable consumer goods at 7.8 percent. Capital goods were up by 3.3 percent and durable

    4%
  7. Newsletter 366 - 20/01/2023

    Newsletters

    of 3.3 pct annually, compared to a solid growth of 22.1 pct in 2021, though that captures the base

    4%
  8. Building permits rise by 8.2 pct in Oct, but surface and volume fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    3.3 percent YoY to 20,128. The corresponding surface is lower by 13.5 percent while volume is also

    4%
  9. Car sales start 2023 with uptick of 54.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    road motor cars were sold. The 3.3 percent rise was led by passenger cars at 177,844, up by 6.8

    4%
  10. Tsipras stakes claim for election win despite discouraging poll data
    Image: www.syriza.gr

    PoliticsGreek Politics

    is projected to win 3.3 pct and 11 seats. Based on these forecasts, the only viable option for New Democracy

    4%