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Oct CPI at highest since May 2011, led by natural gas, oil and electricity
EconomyMacroeconomyobserved across the economy. The latest figure of 3.4 percent has not been recorded since May 2011
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Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 13 percent in September, from 13.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year, the unemployment rate was 16.5 percent. Greece has not seen an unemployment rate as low
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Industrial turnover continues recovery with 39.6 pct rise in Sep, led by sales abroad
EconomyMacroeconomyindustry confidence has increased by 18.9 points. Overall, Greece’s economic sentiment (ESI
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingbillion euros of Sunrise 2 in Q4 this year. The bank says it has now essentially completed the entire
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Credit growth stable at 0.9 pct in Oct, led by lending to corporates
EconomyMacroeconomyCredit movement in the Greek private sector increased by 0.9 percent year-on-year (YoY) in October, from a revised 0.8 percent in September and 0.8 percent in August, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has remained broadly stable after reaching
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomyof sector expansion has reached nine months and the expansion rate in the previous months was the third
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Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
EconomyBankingat 19.9 pct. The bank notes that it has concluded the Cosmos securitisation worth 3.4 billion euros backed
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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBankinginto consideration the impact of IFRS 9, then DTCs are 71.5 pct of total prudential funds. BoG has been
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MEP Androulakis takes first round in KINAL leadership vote after notable turnout
PoliticsGreek Politicsthat he has not served in previous governments or held high-ranking positions within the party seems
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Unemployment rate broadly stable at 13.3 pct in Oct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in October at 13.3 percent, from 13 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year, the unemployment rate was 16.4 percent. Greece has not seen
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