Economy
Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
Greece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday.
Latest BoG report sees sustained growth, range of challenges
The latest interim monetary policy report published by the Bank of Greece sees the Greek economy sustaining its growth trajectory, maintaining the solid fiscal performance. The document also outlines policy recommendations for the ongoing economic challenges.
Current account deficit still improving in Oct due to trade balance for services, goods
Greece’s current account recorded a deficit of 1.09 billion euros in October, from 408.8 million euros in September, Bank of Greece (BoG) data released on Monday showed.
Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
Greece’s industrial turnover recorded a marginal rise of 0.3 percent year-on-year (YoY) in October, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Budget continues to outperform in Nov as taxes beat target by 334 mln
The budget primary balance produced a surplus of 12.65 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Government’s growth ambitions meet RRF reality
The government was battered this week by farmers blocking national roads and key infrastructure and from its own parliamentary group, which questioned openly the administration’s approach, the Eurogroup’s unanimous election of Greek Finance Minister Kyriakos Pierrakakis as its president for the next two and half years was a welcome development for Prime Minister Kyriakos Mitsotakis, at least on the public relations front.
Disposable income rises in Q2, saving rate stays negative at -3 pct
Household disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Wages index growth slows to 7.4 pct YoY in Q3
Greece’s seasonally adjusted (SA) Wages Index grew by 7.4 percent year-on-year (YoY) in Q3, from 9.3 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Import prices contract again in Oct with 2.4 pct drop
Greece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
Vehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.