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Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
EconomyBanking, unchanged from fiscal year 2022. P&L Net interest income (NII) came to 2 billion euros in 2023, while
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyupped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although
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Energy forces import prices upwards again with 2 pct increase YoY in Apr
EconomyMacroeconomyGreece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consecutive negative readings the index resumed
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Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
EconomyMacroeconomyGreece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.1 percent YoY. Volumes have decreased annually
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Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct
EconomyMacroeconomy2024, the industrial turnover was up by 2 percent. Manufacturing revenue was up by 5.5 percent
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyThe OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP growth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was broadly
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Approach to protests, policing poses a new quandary for government
PoliticsGreek Politicsof the incident, accusing SYRIZA of losing control of law and order. The law and order issue... portfolio from the Interior Ministry to the Justice Ministry amid concerns that Panousis and Interior Minister Nikos Voutsis did not see eye to eye. It was notable that Justice Minister Nikos
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