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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomywas up by 3.5 percent. Electricity supply recorded a strong rise of 21.2 percent. The manufacturing index rise was in coke and refined petroleum products, other transport equipment, computers, electronic... improving for more than a year, however June’s reading is the weakest in 2024. New orders remained strong
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Newsletter 455 - 14/03/2025
also launching strong criticism of the government’s handling of the case. Known for her abrasive... leading rating agencies and its strong record of fiscal discipline that have significantly improved... increased by 2.2 pct. Excluding the impact of oil products and the value of ships, imports increased
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Producer prices pick up pace by 2.1 pct YoY in Mar
EconomyMacroeconomyGreece’s Producer Price Index (PPI) accelerated further in March, with a rise of 2.1 percent year... the rolling 12-month period, the index decreased by 1 percent. The products sold in the domestic market..., led by refined oil down by 17.1 percent, food products that dropped by 12.7 percent
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Rise in producer prices eases to 0.5 pct YoY, in growth for four straight months
EconomyMacroeconomyGreece’s Producer Price Index (PPI) slowed in April, with a rise of 0.5 percent year-on-year (YoY..., the index decreased by 0.8 percent. The products sold in the domestic market increased by 5.3... oil down by 25.8 percent, food products that dropped by 13.3 percent, and pharmaceuticals down
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5..., the index decreased by 0.4 percent. The products sold in the domestic market increased by 2.1 percent... by 14.8 percent, food products that dropped by 12.9 percent, and tobacco down by 6.1 percent
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1... previously. The products sold in the domestic market decreased by 0.4 percent annually, led... by 45.9 percent, food products that dropped by 12.4 percent, and computer and electronics down by 5
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How Greek banks could cut 2014 financing gap with a bond rollover
Economybillion euros, of which 940 million in Alpha Bank, 1.26 billion in Eurobank (including the recently... and 1.8 percent respectively), while National and Eurobank (2.5 and 3.2 percent) at the high end. From
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Fraud probe at Hellenic Postbank a sign of bigger things to come?
PoliticsGreek Politicsinto liquidation. At a later stage, in mid July 2013, Eurobank acquired from HFSF 100 percent stake in New Hellenic Postbank for a total consideration of 681 million euros in Eurobank shares paid to HFSF. Those
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Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
EconomyMacroeconomydiagnostic. The capital needs of the four Greek systemic banks (Alpha, Eurobank, National and Piraeus) stand... framework by the Finance Ministry which is essential for the imminent Eurobank rights issue.
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry
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