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  1. Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP was virtually unchanged in Q1, rising by 0.04 percent quarter-on-quarter (QoQ), from a 0.8 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek econ...

    4%
  2. Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed. In June 2024, the balance showed a surplus of 265.7 million euros. The Bank ...

    4%
  3. Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday. The June balance was 6.9 percent higher than the 2.79 billion euros reco...

    4%
  4. Despite small drop in July, deposits stay above 200 bln mark
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...

    4%
  5. Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
    Photo via https://flic.kr/p/2jr5z2o

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) decelerated further in September with a rise of 1.8 percent year-on-year (YoY), from 2.9 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The av...

    4%
  6. Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 3.14 billion euros in September, compared to 4.15 billion euros in August, according to data released by the Bank of Greece (BoG) on Monday. The September balance was 6.7 percent lower than the 3.36 billion ...

    4%
  7. Economic sentiment rises in Dec despite sharp drop in retail trade
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved in December, with the index at 107.4 points, from 105.9 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, December’s ESI was lower by 1 poin...

    4%
  8. Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
    Image: https://flic.kr/p/2j6Tdii

    EconomyMacroeconomy

    Greece’s retail sales growth moderated to 1.7 percent year-on-year (YoY) in November, after a rise of 5.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. Over the eleven-month period, sales have only dropped annually...

    4%
  9. About
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    makes Greece tick. Since 2014, we have been operating a subscription scheme, a business model we

    4%
  10. Cyprus “success” preludes something bigger in European banking

    Agora

    model (http://www.ft.com/intl/cms/s/0/dbe21db2-058d-11e2-bce8-00144feabdc0.html#axzz2OJIX6XTw). After

    4%