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  1. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...

    9%
  2. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

    9%
  3. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    prices increased by 2.1 percent from a rise of 2.2 percent in Q4, staying positive for nine... by 2.2 percent. Compared to Q1 2018, exports of goods decreased by 0.7 percent, and exports of services... meanwhile anticipates growth of 2.4 percent this year, followed by 2.2 percent in 2020 and 1.6 percent

    6%
  4. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from a downward revised rise of 2.2 percent in Q1, remaining positive for ten consecutive quarters... percent this year, followed by 2.2 percent in 2020 and 1.6 percent in 2021. The European Commission’s

    6%
  5. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    quarter of the year if the 2.2 pct growth forecast for the year of the finance ministry is to materialise... QoQ. Outlook In the final 2026 budget, the Finance Ministry sees growth at 2.2 pct for 2025 and 2.4 pct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct The European Commission in its

    6%
  6. Newsletter 106 - 10/02/2017

    Newsletters

    . Industrial production up 2.2 percent in December Headline figure is the ninth successive positive reading The Industrial Production Index (IPI) rose by 2.2 percent in December, from a downward revised 2.... The seasonally adjusted IPI rebounded 2.2 percent from the previous month, after retreating by 1 percent

    6%
  7. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent... seen up by 2.6 percent but slowing thereafter to 2.3 percent in 2020 and to 2.2 percent in 2021... are expected to edge up 0.2 percent in 2017 and grow by 2.2 and 2.4 percent in 2018 and 2019 respectively

    6%
  8. Newsletter 173 -07/09/2018

    Newsletters

    , the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... ambitious than the initial target by 2.2 billion and aims to bring the pile of NPEs to 64.6 billion... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross

    6%
  9. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 0.5 percent QoQ and services exports increased by 2.2 percent. Imports of goods dropped by 1.4... down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent for 2024, and 2.5 pct

    6%
  10. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    and footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... beverages and tobacco were the two sectors posting price increases at 2.2 and 0.9 percent respectively

    5%