Search
-
Credit growth in July slows to 1.2 pct; monthly outflow of 532 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 1.2 percent in July, compared with 2.3 percent in June, Bank of Greece (BoG) figures showed on Thursday. The net lending flow was negative, with a 532 million-euro net decrease in lending compared with an increase of 517 million euros
1% -
Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
EconomyBanking, with NBG and Eurobank staying broadly unchanged. Hercules was extended by the Greek authorities
1% -
Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomy57.4 points in July, signalling the marked improvement in the Greek manufacturing sector. Markit notes
1% -
PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politics– as outdated and divisive. Opinion polls certainly suggest that the Greek public remains largely
1% -
Govt grabs opportunity offered by escape clause to entice voters with support package
Economyyear and will run into next year. The Greek authorities must have a sense of what is to be expected
1% -
Industrial turnover continues on recovery path with 25.2 pct rise in June
EconomyMacroeconomy, signalling the marked improvement in the Greek manufacturing sector. Markit notes
1% -
Deposits rise by 1.48 bln in Aug as year to date increase exceeds 10 bln
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system continued to rise in August, increasing by 1.48 billion euros, from 1.84 billion euros in July, based on Bank of Greece (BoG) figures released on Monday. The outstanding balance of private sector deposits increased to 173.24
1% -
Credit growth slows to 0.8 pct in Aug, lowest for 2021
EconomyMacroeconomyCredit movement in the Greek private sector increased by an annual 0.8 percent in August, from 1.2 percent in July, Bank of Greece (BoG) figures showed on Monday. This is the slowest credit expansion growth since last summer. The net lending flow was negative by 337 million, from a negative flow
1% -
Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomyFollowing two years during which the pandemic forced the Greek authorities to provide extensive support packages that pushed up the debt both in nominal terms and as a percentage of GDP, the draft 2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided
1% -
Industrial production up 10.1 pct in Aug, marking 10-month recovery
EconomyMacroeconomyin August. Markit notes that the latest figure confirms the health in the Greek manufacturing
1%