Economy
New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 340 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown.
Employment balance positive by 73,502 in June; most on record for month
The employment balance was positive with 73,502 more hirings than people leaving their jobs in June, data from the Labour Ministry’s Ergani information system showed.
Building permits jump by 124.5 pct in April, from year-earlier lockdown
Building permits increased by 124.5 percent year-on-year (YoY) in April after an increase of 42.9 percent seen in March, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Car sales shoot up by 40.3 pct YoY in June, continuing recent trend
Road motor vehicles going into circulation for the first time continued their rise by 40.3 percent year-on-year (YoY) in June, after a rise of 54.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
June CPI rises by 1 pct YoY
Greece’s Consumer Price Index (CPI) increased by 1 percent year-on-year (YoY) in June, after a marginal rise of 0.1 percent in May, according to the latest data by Hellenic Statistical Authority (ELSTAT) released on Friday.
Industrial production up by 14 pct YoY in May
Greece’s Industrial Production Index (IPI) increased by 14 percent year-on-year (YoY) in May, following a rise of 22.5 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Trade deficit widens by 43.9 pct in May as imports soar
Greece’s trade deficit rose by 43.9 percent year-on-year (YoY) in May, following a rise of 70.7 percent in April compared to an increase, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.
EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
The European Commission continues to marginally revise upwards its forecasts for Greece’s growth: In the latest summer forecasts released on Wednesday it sees the economy growing by 4.3 pct in 2021, from the 4.1 pct expected in May.
Alpha Bank buoyed by 800-mln-euro share capital raise
Alpha Bank announced on Friday the successful completion of its 800-million-euro share capital raise, following a three-day book building process, with the price set at 1 euro per share.
PMI up to 58.6 pts in June on strongest rise in new orders for 21 years
Greece’s manufacturing PMI in June reached 58.6 points, from 58 points in May, signaling the ongoing improvement in market conditions in Greece, as compiled by Markit.