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Current account shows deficit of 1.26 bln in November
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.26 billion in November compared to 767.4 million in October, Bank of Greece (BoG) data showed. In the same period last year, the balance showed a deficit of 1.39 billion euros, meaning that the deficit has improved by 126.5 million euros
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Primary cash balance deficit at 17.82 bln in 2020
EconomyMacroeconomy, the PIB balance has worsened by 2.24 billion euros to a total deficit of 5.10 billion
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Vote on territorial waters puts PM's stance in spotlight
PoliticsGreek Politicsat home. Centrist appeal In recent months, the prime minister has presented this image very carefully
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New tax debt at 5.79 bln to November, rising by 847 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 847 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 5.79 billion, lower than the figure for the same period last year by 16.8 percent. New unpaid obligations from tax
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomythat matures in February 2031. The yield is the lowest Greece has ever secured in any issue across
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Retail turnover drops by 7.9 pct and volume by 6.9 pct in November
EconomyMacroeconomyhas dropped by 33.2 points. Retail trade improved by 3.2 points month-on-month to -18.9 points
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Credit growth in December rises to 3.4 pct, highest since March 2010
EconomyMacroeconomyCredit movement in the Greek private sector rose by 3.4 percent in December after an increase of 2.6 percent in November, Bank of Greece (BoG) figures showed on Friday. The increase in credit growth is now the highest it has been since March 2010 when it came to 3.5 percent. The outstanding balance
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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingof Greece has pushed for the creation of an asset management company (AMC), informally referred
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Pandemic drove 28.4 bln of bank loans into moratorium last year
Economy– the deadline – with approval granted to 74,420 by the end of December. The government has also
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Industrial production up by 3.3 percent in December
EconomyMacroeconomy, industry confidence has fallen by 12.7 points. In addition, Markit’s PMI for January rose
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