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  1. Eighteen core goods led exports during crisis, NBG study notes

    EconomyFeatures

    A core group of 18 products made up the backbone of Greek exports during the crisis years, according to a study compiled by the National Bank of Greece (NBG). These key products recorded an increase of 71 percent in turnover abroad between 2009 and 2017...

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  2. New details reveal what may have led to discrepancy in Athens Airport concession price
    Photo by MacroPolis

    EconomyFeatures

    Sources at the Hellenic Republic Asset Development Fund (HRADF) admitted to the local media this week that the initial price of the Athens International Airport (AIA) contract had been too low because it was based on outdated parameters. Private consult...

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  3. Deposits rose by 741 mln in February, led by higher sight savings
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 741 million euros in February, compared with outflows of 1.19 billion euros in January, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposit...

    8%

  4. Deposits jump by 1.62 bln in June, led by savings
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    The private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed. The outstanding balance of private sector deposits...

    8%

  5. Trade deficit widens by 27.8 pct to 2.11 bln, led by oil products
    Photo via https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit increased by 27.8 percent year-on-year (YoY) in September, from 43.3 percent in August, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The deficit came to 2.11 billion euros for the month. I...

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  6. Current account balance improves YoY in Sep thanks to a jump in services, led by travel
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 176.7 million euros, from a surplus of 1.41 billion euros in August, Bank of Greece (BoG) data showed on Friday. In September 2020, the balance showed a deficit of 446.3 million euros, while in September ...

    8%

  7. Private sector deposits rise by 1.83 bln in Nov, led by corporations

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system jumped by 1.83 billion euros in November, based on Bank of Greece (BoG) figures released on Wednesday. This increase came after the balance was broadly stable in October, when it rose b...

    8%

  8. Deposit rise of 1.3 bln in May led by corporates as household savings drop
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in May stayed positive at 1.31 billion euros, from 1.35 billion euros in April, and negative movement of 989 million seen in March, based on Bank of Greece (BoG) figures released on Wed...

    8%

  9. Deposit outflow at 550 mln in Oct, led by a decline in corporates
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank of Greece (BoG) figures released on Monday. After six months ...

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  10. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

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