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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingOver recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total... the Bank of Greece (BoG) shows that between May 2022 and October 2023 the interest rate spread
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Retail sales rise by 7.4 pct YoY in June, led by fuels
EconomyMacroeconomyGreece’s retail sales continued growing in June with a 7.4 percent year-on-year (YoY) rise, after an increase of 14.3 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also experienced a solid increase of 5.8 percent YoY. On a monthly
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Newsletter 433 - 13/09/2024
on the ascendant and may now be reconsidering their allegiances. For the time being, though, the uncertainty... and energy. Property prices Property prices continue recording solid growth with a rise of 9.2 pct
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Newsletter 435 - 04/10/2024
to overturn his dismissal or to approve his candidacy. In this case, Kasselakis may decide not to run... by the solid performance of taxes that could surprise on the upside. This would allow room
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Sep CPI almost unchanged at 2.9 pct, food inflation rises above headline number again
EconomyMacroeconomyto May 2021 and prices have been rising since. The highest annual increase reading was in June 2022... offset by the decrease, mainly, in the prices of solid fuels. Price decreases were recorded
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CPI moderates to 2.4 pct YoY in Oct, food inflation below headline number
EconomyMacroeconomypercent YoY. The price index was in deflation for the 12 months prior to May 2021 and prices have been... of: heating oil, solid fuels. Price decreases were recorded in household equipment with a drop of 0.4
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CPI stable at 2.4 pct in Nov, food inflation lowest since 2021
EconomyMacroeconomy. The price index was in deflation for the 12 months prior to May 2021 and prices have been rising since... by the decrease, mainly, in the prices of heating oil, and solid fuels. Price decreases were recorded
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Mitsotakis aiming to overcome voter disappointment and rebuild decisive lead in 2025
PoliticsGreek Politicsthat although the country may be on more solid ground now compared to 5-6 years ago, this has
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Newsletter 446 - 10/01/2025
of the population feels that although the country may be on more solid ground now compared to 5-6
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Newsletter 447 - 17/01/2025
the previous debt crisis, such as Greece, are showing improved resilience as they have solid public... time since May 2021. Car sales The vehicle market recorded a significant slowdown in 2024 with a rise
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