Economy

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Image: MacroPolis Small gains for building activity in Dec, up 7.1 pct in full 2023

Building permits only rose marginally in December, up by 0.6 percent year-on-year (YoY), after dropping by 1.2 percent year-on-year (YoY) in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday.

Photo by MacroPolis Travel balance surplus more than doubles YoY in Jan

Greece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday.

Photo by EC - Audiovisual Service Great Expectations: Is Greece 2.0 hitting the target?

By: Georgia Nakou

Funding from the EU’s Recovery and Resilience Facility has been central to shaping expectations of economic recovery in Greece as the country emerges from its ten-year economic crisis and the Covid-19 pandemic.

Photo by Panayiotos Tzamaros Moody's leaves Greece's rating unchanged, one notch from investment grade

Despite hopes that on Friday Moody’s would complete the cycle of granting the investment grade for Greece and the country would be rewarded by all rating agencies, it left Greece unchanged at ‘Ba1’, which is one notch below the investment grade, and kept the outlook stable.

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