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  1. Credit growth slows to 0.9 pct in Jan as loans to enterprises record highest net outflow since 2018
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    EconomyMacroeconomy

    balance’s net monthly flow was negative in January by 994 million euros, from positive in December

    1%
  2. Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , and volume increased by 49.9 percent. The European Commission’s latest business sentiment indicators

    1%
  3. PMI growth slows in Feb amid myriad challenges for manufacturing sector
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    EconomyMacroeconomy

    Greece’s Manufacturing PMI in February remained almost unchanged at 57.8 points, from 57.9 in January, still signalling growth in the sector, according to Markit data released on Tuesday. Although this was the slowest improvement in overall operating conditions for Greek manufacturers since last

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  4. CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) accelerated further in February, rising by 7.2 percent year-on-year (YoY), after an increase of 6.2 percent in January, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The average CPI for the rolling 12-month

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  5. As imports soar, Jan trade deficit jumps by 98.7 pct; worst since Mar 2010
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued its upward trajectory in January, nearly doubling year-on-year by 98.7 percent, from a jump of 79 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The deficit came to 2.94 billion euros for the month

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  6. Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
    Photo by Giannis Papanikos/Fosphotos

    EconomyBanking

    ) decreased by 2.9 billion euros in the year to 2.8 billion euros. Eurobank’s NPE ratio stood at 6.8

    1%
  7. Import price index shoots up by 31.8 pct as oil and natural gas soar by 25 pct MoM
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    EconomyMacroeconomy

    Greece’s import price index shot up by 31.8 percent year-on-year (YoY) in January, from a rise of 23.6 percent seen in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. Month-on-month, the index also increased sharply by 9.7 percent in January

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  8. Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    to the complete utilisation of the ECB’s targeted long-term refinancing operations (TLTRO III) funding

    1%
  9. Unemployment broadly unchanged at 13.2 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Movement in Greece’s non-seasonally adjusted unemployment rate paused in the final quarter of last year, staying broadly unchanged at 13.2 percent in Q4, from 13 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The jobless rate dropped by 3 percentage points (pps

    1%
  10. Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
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    EconomyMacroeconomy

    Greece’s central government recorded a primary cash surplus of 853 million euros in February, from a deficit of 891 million euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday. The overall cash balance was a surplus of 320 million euros, from a deficit

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