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Scope leaves rating at 'BBB' and outlook unchanged at stable
Economy. The banking sector has improved in capital adequacy, profitability, asset quality, and governance
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Growth in property prices stable at 6.8 pct YoY in Q1
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth
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Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
EconomyMacroeconomyof the total unemployed. Alarmingly, the largest portion, 113,100, has not worked for more than four years
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Energy a main factor in decline of April import prices by 6.3 pct YoY
EconomyMacroeconomyGreece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for eight
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomyconfidence. This has prompted S&P to upgrade Greece’s sovereign credit rating to ‘BBB
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Strong income tax revenues and contained spending maintain budget outperformance in May
EconomyMacroeconomyeuros deficit. Greece has also allocated 1.17 billion euros in the RRF, 48 million euros above
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyof 27.1 percent. The domestic construction market has gone essentially on hold since a recent
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Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
EconomyMacroeconomy. Pharmaceuticals increased by 14.3 percent YoY. The data has a strong seasonal component as orthodox
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Energy drives drop of 4.2 pct YoY in import prices drop for June
EconomyMacroeconomyGreece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for nine
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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
EconomyMacroeconomyeuros. Greece has received 1.35 billion euros from the RRF.
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