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  1. Credit growth in January rises to 3.7 pct even as flow turns negative
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 3.7 percent in January after an increase of 3.5 percent in December, Bank of Greece (BoG) figures showed on Thursday. The annual rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent. However

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  2. Banks intensify balance-sheet clean up with securitisations, new bonds
    Photo by MacroPolis

    EconomyBanking

    Protection Scheme. Its inclusion would mean the Greek state guaranteeing about 1.4 billion euros

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  3. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    in the government wishing to increase the size of Greek enterprises. The biggest increase in start-ups

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  4. Latest lockdown tweaks prompt opposition backlash
    Photo by MacroPolis

    PoliticsGreek Politics

    The latest Covid-19 figures shocked the Greek government into announcing a series of changes to lockdown rules and moving yet more regions to the highest risk category, however opposition parties are unimpressed with the latest response to the pandemic, calling for the government to take stronger

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  5. Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    retained an upward trajectory, reflecting the stabilisation of property prices in the Greek market

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  6. Loans under credit servicing firms jumps by 19 pct QoQ to 38.9 bln
    Photo by MacroPolis

    EconomyBanking

    at 4.41 billion euros. Greek banks ended 2020 with a series of securitization agreements, including

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  7. Unemployment at 16.2 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the fourth quarter (Q4) of the year, unchanged from Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The jobless rate has declined by 0.6 percentage points (pps) from the Q4 2019 figure of 16.8

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  8. Deposits rose by 741 mln in February, led by higher sight savings
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 741 million euros in February, compared with outflows of 1.19 billion euros in January, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 162.9 billion euros, reflecting

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  9. Greece falls behind on gender equality due to drop in political empowerment
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    for every 10 men. Greek women on average earn less than two thirds what men earn for similar work. Most

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  10. Parties square up for all-out battle over upcoming labour bill
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Parties in Greece are preparing to do battle, as New Democracy’s long-anticipated labour bill looks set to be tabled for debate in Parliament after Greek Easter in early May. The legislation, which the government touts as a modernising reform for the benefit of both workers and employers, has

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