Economy
Moody's keeps rating unchanged at 'Baa3' - outlook stable
Moody’s left Greece’s rating and outlook unchanged on Friday, keeping them at ‘Baa3’ and stable respectively, in line with the latest reviews since April, when Fitch, Scope and DBRS kept Greece’s rating unchanged.
Tourism on track for new record season as receipts rise by 12.5 pct up to July
Greece's travel balance recorded a surplus of 4.18 billion euros in July, compared to 2.98 billion euros in June, according to data released by the Bank of Greece (BoG) on Monday.
Current account in 938.4 mln surplus for July thanks to services
Greece’s current account recorded a surplus of 938.4 million euros in July, from a surplus of 1.19 billion euros in June, Bank of Greece (BoG) data released on Friday showed.
Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
Greece’s industrial turnover dropped in July, with a decrease of 1.8 percent year-on-year (YoY), from a 0.1 percent increase in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
The growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece (BoG) data released on Wednesday showed.
Underspend and taxes push primary balance up to Aug 3.77 bln above target
The budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
Energy drives import price drop of 2.1 pct YoY in July
Greece’s import price index remained in contraction in July, with a drop of 2.1 percent year-on-year (YoY), after a 4.7 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
Greece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Car sales record modest rise in August, up 3.3 pct YoY in 8M
Vehicles going into circulation for the first time dropped by 2.4 percent year-on-year (YoY) in August, after an increase of 2.8 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.