Greece’s travel balance recorded a surplus of 63 million euros in February, from 60.8 million euros in January 2022, according to Bank of Greece (BoG) data released on Thursday.
The International Monetary Fund (IMF) released its latest global macro and fiscal estimates in the context of the spring meetings currently held in Washington, capturing the impact of inflation on growth.
Greece posted a current account (C/A) deficit of 2.12 billion euros in February, from 1.99 billion euros in January, Bank of Greece (BoG) data showed on Wednesday.
The budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
Greece’s industrial turnover stayed on a solid recovery path in February, rising by 33.8 percent year-on-year (YoY), from an upwards revised 36 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
Greece’s import price index posted another solid rise of 27.2 percent year-on-year (YoY) in February, after shooting up by 31.8 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable at 12.8 percent in February, from a slightly revised 12.9 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greece’s employment balance stayed positive in March with 34,373 more hirings than firings, according to data from the Labour Ministry’s Ergani information system.
Road motor vehicles going into circulation for the first time increased by 7.6 percent year-on-year (YoY) in March, slowing down from the notable 38.3 percent rise in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
After two years of fiscal relaxation across the eurozone thanks to the activation of the escape clause, allowing fiscal rules to be eased so governments could cushion the blow of the pandemic, Greece’s future fiscal path started to take shape over the last few days.