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  1. Overall loan interest rate edges up to 4.34 pct in Nov

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... decreased by 3 bps to 0.36 percent.

    21%
  2. Economic sentiment rises to 109.5 in Dec, hitting 12-year high
    Photo by MacroPolis

    EconomyMacroeconomy

    deteriorated. Industry confidence rose by 0.6 points month-on-month to stand at 2 points. Year-on-year... trade dropped by 3 points month-on-month to 22 points, and showed a rise of 3.6 points year-on-year

    21%
  3. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    through the so-called 3+1 process. The signing ceremony sparked some over-the-top reactions in Greece... expect the signing of the EastMed pipeline accord on January 2 to have any immediate impact on Turkey’s

    21%
  4. November travel receipts drop by 42.9 pct on lower French receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    receipts from the 28 European Union (EU 28) countries fell by 2 percent YoY and stood at 157.7 million... 28 countries went up by 3 percent and came to 21.7 visitors. Arrivals from euro-denominated

    21%
  5. Overall loan interest remains at 4.34 pct in December

    EconomyMacroeconomy

    existing loans dropped by 2 bps to 3.98 percent. The spread between existing loan and deposit rates... to sole proprietors increased by 3 bps to 6.76 percent. Corporate loans with a defined maturity

    21%
  6. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    to 3 percent of GDP in 2020. He noted that if the impact of the virus is felt beyond the summer... which could allow member-states to borrow the equivalent of 2 percent GDP to cover needs arising from

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  7. Newsletter 247 -10/04/2020

    Newsletters

    and 3 in 4 self-employed and freelancers. Already 80,000 applications have been submitted to the platform that opened last week. 2 Unemployment at 16.4 pct in Jan Headline figure remains unchanged from

    21%
  8. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    environment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6... was accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal

    21%
  9. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    economy was on course to expand by close to 3 percent, but ended up contracting in the final quarter... a 2 pct discount on the total. Eurogroup Mitsotakis also referred to the Eurogroup decision a few

    21%
  10. Newsletter 254 -19/06/2020

    Newsletters

    (+38.7 percent) and postal and courier activities (+15.4 percent). 2 Unemployment drops to 16.2 pct.... The jobless rate has declined by 3 percentage points (pps) from the Q1 2019 figure of 19.2 percent

    21%