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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Newsletter 296 - 14/05/2021
the starting date for younger age groups (30-44) to be vaccinated with the AstraZeneca jab... YoY. The harmonised index of consumer prices (HICP) fell by 1.1 percent YoY in April. Compared... were clothing and footwear (-1.1 percent) and household equipment (-1.2 percent). CPI has remained
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EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
PoliticsForeign Policyis especially important as Russia continues to destabilise the region, especially in Libya,” Pompeo.... It is a unit where LNG will be regassified at the same time as the port is being privatized. The port of nearby
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Athens hopes strengthening of US ties brings geopolitical benefits
PoliticsForeign Policyit with US LNG, but also a frontline country, since the starting point of the Vertical Corridor to Eastern... is currently talking with both sides in Libya; very recently he held talks in Turkey and has also met
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Newsletter 338 - 20/05/2022
for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed... natural gas installations in Greece, in order to become the main gateway that will supply LNG from the US..., coming short only by a marginal 2.4 pct. April had 1.4 million in international traffic, which is 1.1 pct
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures(Bulgaria, Turkey and the LNG terminal at Revithoussa just off Piraeus harbour). This capacity far exceeds... flowing to Greece and neighbouring Balkan countries via a pipeline from Russia, access to LNG... was able to import LNG through Revithoussa to cover its own needs as well as providing Bulgaria
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