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Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
EconomyMacroeconomystarted returning to normality and showed a surplus of 1.19 billion euros, from last year’s figure
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Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
EconomyMacroeconomylending balance’s net monthly flow was positive by 1.98 billion euros, from 589 million euros in May
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Building permits turn negative for first time in more than a year, falling by 10 pct in April
EconomyMacroeconomyof 2021. The European Commission’s latest business sentiment indicators for July showed
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Producer prices climb by 39.9 pct in June, but record first back-to-back monthly drops since 2020
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) annual growth slowed down further, still with another explosive rise in June of 39.9 percent year-on-year, after shooting up by 43 percent in May, ELSTAT data said on Friday. The index was in negative territory for most of 2020, and up until March
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Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
EconomyBankingexposures (NPEs) decreased by 3.2 billion euros in H1 to 2.5 billion euros. Eurobank’s NPE ratio stood
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Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
EconomyBankingutilisation of the ECB’s targeted long-term refinancing operations (TLTRO III) funding. Net loans came
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Trade deficit soars by 71.6 pct in H1, reaching 17.59 bln
EconomyMacroeconomyThe rise in Greece’s trade deficit slowed down in June, but still increased by a sizable 42.7 percent year-on-year, according to data released by ELSTAT on Friday. This came after an 84.7 percent jump in May. The deficit came to 2.84 billion euros for June. Imports totalled 8.26 billion euros
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Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained at record high levels in July, rising by 11.6 percent year-on-year, though it did slow down from the 12.1 percent seen in June, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Tourism shrinks June current account deficit, but goods deficit shoots up in H1
EconomyMacroeconomyand showed a surplus of 2.42 billion euros, from last year’s figure of 705.5 million euros, and just 38.5
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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomy. The corporate lending balance’s net monthly flow was positive by 608 million euros in July, from 1.98 billion
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