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Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomypercent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance... in May, taking the balance to 68.92 billion euros. Within corporate lending, the balance of credit
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsweekend that the plan will be announced in May, without waiting for the outcome of the EU summit... the announcement before his official visit to the US in mid-May, and that some of the measures may come... to Gazprom in May will be paid in a way which does not violate EU sanctions, the available options
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Ukraine war and Turkey tension top foreign policy concerns
PoliticsForeign Policylanguage to his speech at the US Congress in May, he said: “We stand with peace and international law... autocratic neo despotism.” “We must prevent in Ukraine any fait accompli that new troublemakers may... sector this summer may easily be swallowed up by energy price increases later this year. Turkey
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Macroeconomic fundamentals for Greece
Agora. The citizens may ascertain what parties can rise above the daily shouting and present a reasoned view... to another. Fundamentals in economics are forces and parameters that operate below the surface and may.... For instance, in managing the macroeconomy, one may talk about the level and growth rate of potential real GDP
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Emboldened Mitsotakis plans for Erdogan meeting, next step in Greek-Turkish ties
PoliticsForeign PolicyThe political dominance of Kyriakos Mitsotakis in Greece in the May 21 elections also means that he... regarding his foreign policy approach. The emphatic nature of the May 21 victory means that Mitsotakis... as soon as possible following his re-election. He said that this may happen in the upcoming NATO
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Mitsotakis sticks with stability mantra as SYRIZA looks for new approach
PoliticsGreek PoliticsKyriakos Mitsotakis is sticking to the formula that won him a landslide victory in the May 21... to increase its share of the vote on May 21, compared to 2019, but also the actual number of votes... at least one of these parties to make it into the next Parliament. Mitsotakis may also face voters
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ND doubles down on tax as leaders target weak spots on electoral map
PoliticsGreek Politicsthey underperformed in the May elections. The row over tax policy which started last week continued over... in the day by Haris Theocharis, who until may had been the leader of ND’s parliamentary team... percent of ND voters in the May elections planned to stick with the party in June, while the lowest
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Newsletter 384 - 09/06/2023
as strongly as they did on May 21 and hand New Democracy a clear majority, and with that a second four... is the possibility that centre/centre-left voters who backed ND on May 21 may feel that because of the centre... later this month. The ND leader encouraged those who voted for his party on May 21, just over 2.4
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyin March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually... Manufacturing PMI remained in expansion territory in May, although it fell marginally to 51.5 points, from... that the conditions in the Greek manufacturing sector have improved, though May was the slowest
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Newsletter 508 - 12/06/2026
by ELSTAT this week. Prices in May grew by 5.2% YoY, almost unchanged from the 5.4% seen in April... - which pushed that segment up by 11.5% YoY in May - several other components are recording...%, and natural gas jumped by 21% YoY in May. Although headline food inflation was 3.5% YoY, some
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