Greece’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.
Greece’s economic sentiment (ESI) started the year with a solid improvement, rising to 108.6 points, from 106.4 in the previous month, according to European Commission figures released on Thursday.
Greece’s seasonally adjusted (SA) unemployment rate remained below the 10 percent mark in December, edging down marginally to 9.4 percent, from 9.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
In the aftermath of the weekend’s mass demonstrations, PM Kyriakos Mitsotakis has backtracked on some of his earlier assertions on the circumstances and subsequent handling of the train collision that claimed 57 lives two years ago, offering the first hint at possible prosecutions of New Democracy politicians over the tragedy.
The credit expansion in the Greek private sector remained strong in December, rising by 8.9 percent year-on-year (YoY), from 10 percent in the previous month, Bank of Greece (BoG) figures released on Wednesday showed.
The private sector deposits in the Greek banking system ended the year strongly in December with a net increase of 5.65 billion euros, after a 2.27-billion-euro rise in November, according to the latest Bank of Greece (BoG) figures released on Wednesday.
As the mass public demonstrations over the Tempe rail crash continue to dominate the headlines, the government is also facing the prospect of protests by farmers demanding support for the sector.
Building activity resumed growth in October, with an increase of 5.9 percent year-on-year (YoY), after a marginal drop of 0.9 percent in September, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
The budget primary balance was confirmed at a surplus of 8.7 billion euros in December, and for the full-year 2024, compared to a surplus of 3.92 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
The government has agreed to a parliamentary debate on the Tempe train crash following demands for a discussion from opposition parties, which were prompted by the size and range of protests held by citizens across Greece on Sunday.
