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Credit for corporates propels credit growth to 10 pct YoY in Nov
EconomyMacroeconomyto 123.59 billion euros. The corporate lending balance’s net monthly flow was positive by 1.9 billion
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PMI rebounds strongly to 53.2 points in Dec but cost concerns persist
EconomyMacroeconomyGreece’s Manufacturing PMI recorded a strong rebound in December, rising to 53.2 points, from 51.2 points in November, according to S&P Global data released on Thursday. The conditions in Greek manufacturing at the end of 2024 improved at the fastest pace since the summer thanks to improved demand
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Trade deficit jumps 18.7 pct YoY in Nov, 11M deficit at 31.51 bln
EconomyMacroeconomyGreece’s trade deficit rose sharply by 18.7 percent year-on-year (YoY) in November, after a rise of 11.5 percent in October, according to data released by ELSTAT on Thursday. The deficit came to 3.18 billion euros for November. Imports totalled 7.21 billion euros, rising by 3.2 percent YoY. Exports
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CPI at 2.6 pct in Dec, housing costs climb by 3.7 pct
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up slightly in December with a rise of 2.6 percent year-on-year (YoY), from 2.4 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month
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Podcast - The life and legacy of Costas Simitis
AgoraSimitis’ rallying cry - Kathimerini Greece Recalls Former PM Simitis as Architect of Country’s
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Building activity resumes growth in Oct, permits up 15.8 pct in 10M
EconomyMacroeconomy. The European Commission’s latest business sentiment indicators for December showed that construction
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Farmers' protests add to government's woes as opposition plans long game on Tempe
PoliticsGreek Politicson the government, which is reeling from the impact of Sunday’s rallies in support of the families
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Loans to corporations drive credit expansion of 8.9 pct YoY in Dec
EconomyMacroeconomywas 123.09 billion euros. The corporate lending balance’s net monthly flow was positive by 2.89 billion
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Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in December, although it moderated further to 0.8 percent year-on-year (YoY), after a decline of 1.2 percent in November, ELSTAT data showed on Thursday. July this year provided the first positive reading since February 2023, producer
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Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
EconomyMacroeconomyGreece’s trade deficit dropped by 9 percent year-on-year (YoY) at the close of 2024, after a rise of 18.7 percent in November, according to data released by ELSTAT on Friday. The deficit came to 3.109 billion euros for December. Imports totalled 7.13 billion euros, falling by 0.2 percent YoY
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