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Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece... is the highest credit growth since August 2009, when it increased by 6 pct, before the debt crisis forced
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Newsletter 359 - 18/11/2022
that a consensus has been formed that the Greek economy will grow by 6 pct this year, on the back of a bumper... in the summer forecast. Meanwhile, inflation will only partially de-escalate from the 10 pct of 2022 to 6 pct
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Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures... credit growth at levels not seen since August 2009, when it increased by 6 pct, before the debt crisis
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomyas a percentage of GDP, exceeding 6 pct in 2023 and staying close to the 6 pct mark up to 2025. Greece’s central
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Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
EconomyMacroeconomy, with solid growth also seen in supermarkets that increased by 6 percent, food and beverages were up by 5... the -38.2 of December last year. Retail trade regained further ground in November, up by 6 points
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NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 861 million euros in 2022, compared to a profit of 832 million euros in 2021, a rise of 6 percent. Including the one-off gains of 297... to 6 billion euros by March this year. The cost of risk stands at 70 points, in line with the bank’s
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyof airspace where [the Greeks] claim 10 miles instead of 6. There are some statements that mention the extension of territorial waters from 6 to 12 miles. All these issues are issues of disputes that have
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Leaders gear up for debate as ND maintains opinion poll lead
PoliticsGreek Politicsto 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still a substantial... they are leaning towards supporting, 11 pct say ND and 11 pct say SYRIZA, followed by 6 pct for PASOK
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Restrictive leaders' debate produces little to move election needle
PoliticsGreek Politicsup by 0.2 points to 26.3 pct. PASOK is stable at 9 pct, while voting intentions for KKE are 6 pct... and the others no higher than 6 pct each. According to Marc, 37.2 pct of the electorate believes that Mitsotakis
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Greece aiming to agree updated migration deal with Turkey
PoliticsForeign Policypackage, amounting to 6 billion euros for Turkey, intended to elevate the living conditions of the vast... as additional funding. The agreement has so far financed 6 billion euros, but the EU could add an additional 3
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