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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politicsof the movements that have taken place over the last month as its support went up from 5.9 pct to 6.6 pct
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Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before
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Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
EconomyMacroeconomyby decreases of 6.6 percent in manufacturing and mining and quarrying up by 20.1 percent. Monthly
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs. 1.35 billion euros in 2022, a drop of 15.4 percent. Core pre-provision income (PPI) jumped by 58.6
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Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
EconomyBankingPiraeus Bank posted a net profit of 233 million euros in Q1 2024, from 180 million euros in Q1 last year. Normalised operating profit was 279 million euros in Q1, compared to 204 million euros in Q1 2023. Asset quality The NPE ratio was stable at 3.5 percent in Q1, from 6.6 percent a year ago
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Utilities and energy drive industrial production rise of 9.5 pct in June
EconomyMacroeconomyand chemical products, and other non-metallic mineral products. Mining recorded a contraction of 6.6
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Weak exports to EU markets drive 9.6 pct rise in 7M trade deficit
EconomyMacroeconomyGreece’s trade deficit recorded a rise of 6.6 percent year-on-year (YoY) in July, after a drop of 9.8 percent in June, according to data released by ELSTAT on Friday. The deficit came to 2.71 billion euros for July. Imports totalled 7.33 billion euros, rising by 6.3 percent YoY. Exports totalled
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomythe eurozone market. Energy prices dominate, with extraction of oil and gas dropping by 6.6 percent
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Trade deficit reaches 22 bln in 8M as exports continue to slide
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 6.5 percent year-on-year (YoY) in August, after a rise of 6.6 percent in July, according to data released by ELSTAT on Tuesday. The deficit came to 2.54 billion euros for August. Imports totalled 6.21 billion euros, dropping by 3.7 percent YoY. Exports
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Revision of GDP to have varied knock-on effect
EconomyMacroeconomy, during last year private consumption was up by 1.8 pct and gross fixed capital formation grew by 6.6 pct
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