Search
-
Greece takes next steps, including bond swap, to enhance debt profile over coming years
EconomyMacroeconomy, with the bulk payment in 2023 of 1.31 billion euros. It has already made two prepayments to the IMF
2% -
Industrial turnover rises by 40.6 pct in Oct
EconomyMacroeconomyto 9.3. Since the start of the year industry confidence has increased by 19.6 points. Overall, Greece
2% -
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
2% -
Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
EconomyMacroeconomyat -22.2 points, and it has now improved by 3.9 points since the start of the year. Retail trade
2% -
PMI up to 59 pts in Dec as manufacturing nears year of growth despite supply chain challenges
EconomyMacroeconomyGreece’s manufacturing PMI edged up slightly in December to 59 points, from 58.8 in November, according to Markit data released on Monday. The data shows another marked improvement in the Greek manufacturing sector, with strong output and growth in employment. The sector’s expansion has reached 10
2% -
Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
EconomyFitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’. Fitch was the first agency to upgrade Greece’s rating to ‘BB’ back in January 2020, just weeks before the pandemic broke and has
2% -
Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomyby an improvement in the balance of services. This is the deepest current deficit that Greece has seen since
2% -
Building activity continues rising with 18.4 pct increase for permits in Oct
EconomyMacroeconomythat the construction confidence indicator has been dropping for four months on the bounce, coming off
2% -
CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
EconomyMacroeconomyand prices have been accelerating since. One has to look back to the late 1990s and the pre-euro era
2% -
December current account deficit at 1.71 bln, worst for eight years
EconomyMacroeconomyaccount deficit that Greece has seen since 2014. The deficit for the balance of goods in December
2%