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  1. Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar

    EconomyMacroeconomy

    in the middle of last year, the index has been growing for the last six months, and this is the first

    2%

  2. Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
    Photo by MacroPolis

    EconomyMacroeconomy

    and has allocated 576 million euros, below target by 87 million euros.

    2%

  3. Alpha reports 211 mln profit in Q1 as NII reached 420 mln
    Photo by MacroPolis

    EconomyBanking

    and share buyback which is 20 percent of 2023 profits. The bank has also communicated its intention

    2%

  4. Q1 current account deficit widens to 4.15 bln as exports continue to shrink
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion in March 2023. The impact of fuel has diminished as the oil balance reached a deficit

    2%

  5. Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
    Finance Ministry

    EconomyMacroeconomy

    euros deficit. Greece has also received 159 million euros from the RRF, with 576 million allocated so

    2%

  6. Despite further slowdown, property prices grew by 10.4 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece continued at a steady pace in the first quarter of 2024, increasing by 10.4 percent year-on-year (YoY) from an upwards revised 12.4 percent in Q4 2023, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown

    2%

  7. From default to investment grade: A brief history of Greek debt

    Agora

    rate to a peak of 28 per cent. Given that Greece’s general government debt has exceeded 350 billion

    2%

  8. Producer prices drop 1 pct in Apr, in contraction for over one year

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak

    2%

  9. May PMI still in expansion as firms report supply chain and cost issues
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    of increase in charges has outpaced the series average for nine consecutive months, suggesting

    2%

  10. Q1 unemployment rises to 12.1 pct due to seasonal causes

    EconomyMacroeconomy

    portion, 132,500, has not worked for more than four years, rising by 2.9 percent year-on-year. Most

    2%