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Growth in credit expansion slows further to 2.8 pct in Jun
EconomyMacroeconomyThe pace of credit movement in the Greek private sector continued to slow in June, rising by 2.8 percent year-on-year (YoY), from 3.1 percent in May, Bank of Greece (BoG) figures released on Wednesday showed. Last December’s growth was the highest since the summer of 2009 with 6.3 percent, however
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Minister's resignation deflates government after series of missteps
PoliticsGreek Politicsapologised and claimed that he had been asked to dance with members of the Greek diaspora
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Government pledges land register action in bid to address everyday problems
PoliticsGreek PoliticsAfter being forced to pledge action to tackle the growing sun lounger problem at Greek resorts, the government has also been prompted to adopt measures to address bureaucratic obstacles at the country’s land registry. Numerous reports over the last few days have highlighted long queues, forming
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economythe durability of progress made thus far and the resilience of the Greek economy. A crisis such as COVID-19 shows
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Credit expansion slows to 1.2 pct in July as corporate loans contract
EconomyMacroeconomyThe pace of credit movement in the Greek private sector continued to slow in July, rising by 1.2 percent year-on-year (YoY), from 2.8 percent in June, Bank of Greece (BoG) figures released on Monday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009. However
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Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomyto the latest business indicators for August, the recovery in Greek consumer confidence halted in August
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PM inspects flood damage hoping to rescue stricken government
PoliticsGreek PoliticsSokratis Famellos argued that this week’s events prove that the Greek state is unprepared
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicspursued by SYRIZA in questions tabled in both the Greek and European Parliaments. A group of SYRIZA MPs
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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek Politics. Hatzidakis also met with representatives of the Union of Greek Shipowners to request a social
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Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EconomyMacroeconomyThe pace of credit expansion in the Greek private sector continued to slide in August, rising by 0.9 percent year-on-year (YoY), from 1.2 percent in July, Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009
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