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  1. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    2020. In the aggregate period, there was a surplus of 639.6 million euros, from 3.3 million euros up

    4%

  2. Current account deficit deepens in Mar, reaching 6.45 bln for Q1
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 4.43 billion euros, from 3.3 billion in March 2021. The impact of oil is increasing as the oil balance

    4%

  3. Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate maintained an upward trajectory in the first quarter of the year, rising to 13.8 percent, from 13.2 percent in Q4 2021, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate dropped by 3.3 percentage points

    4%

  4. Final budget execution for June affirms solid revenues, driven by VAT and income tax
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.15 billion euros, broadly on target. Last year, interest payments were 3.3 billion euros

    4%

  5. Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly stable after reaching

    4%

  6. Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching

    4%

  7. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by the jump in services, which increased by 47.4 percent, and exports of goods up by 3.3 percent

    4%

  8. Newsletter 351 - 16/09/2022

    Newsletters

    continues sending signals of strong recovery as employed increased by 3.3 pct on annual basis

    4%

  9. Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

    Economy

    GDP by up to 3.3 pct by 2026. In the ratings drivers, policies of pro-growth and pro-reform

    4%

  10. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    for 2022. Employment is only showing remarkable signs of growth, up by 3.3 pct in June, leading

    4%