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Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May
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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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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicson the incident, adding that the rules of engagement must prioritise human lives, while SYRIZA leader... the crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against.... The proposals have been condemned by human rights advocates for violating international law, but also
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingaccelerating to -717 million in Q2 from -111 million in Q1. The performance in Q2 mostly stems from... in Greece last year. The management expects the full-year cost figure at around 1.1 billion
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Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek PoliticsPlevris, was refused entry to eastern Libya for negotiations. The measures include a three-month... Mitsotakis of resorting to anti-migration policies to deflect from the failure of foreign policy in Libya... migration flows did not meet the high bar set in international law for the suspension of human rights
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politics, signed in 2014, for completion by 2016 – known as ‘Contract 717’. This contract has been... project, by which the original scope of Contract 717 was altered. The supplementary contract foresaw... split Contract 717 between them. Also, the second company entrusted the technical studies regarding
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsthe spat with Turkey over its signing of an agreement with Libya regarding the delimitation... is in control of all of Libya, and Prime Minister Kyriakos Mitsotakis reportedly told Turkish President... 10-20,000 euros by 18 pct and inflating the tax bill of each family earning 20-70,000 euros by 200
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