Economy
Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
Greece's travel balance recorded a surplus of 4.15 billion euros in August, compared to 4.18 billion euros in July, according to data released by the Bank of Greece (BoG) on Wednesday.
Hiring balance improves by more than 18,000 jobs up to Aug
Greece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system.
Current account deficit improves significantly, reaching 6.62 bln up to Aug
Greece’s current account recorded a surplus of 1.1 billion euros in August, from a surplus of 938.4 million euros in July, Bank of Greece (BoG) data released on Tuesday showed.
Industrial turnover continues to slide with 1 pct YoY drop in Aug
Greece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
S&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector.
IMF's latest macro and fiscal estimates reflect economic stability
The International Monetary Fund published this week its latest global macro and fiscal forecasts in the context of the annual meetings held in Washington. For Greece, the outlook remains positive although the IMF has a slightly more moderate take than the Greek authorities.
Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
The budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
Greece’s import price index remained in contraction in August, with a drop of 2.4 percent year-on-year (YoY), after a 2.1 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
Government budgeting on a late RRF sprint
The draft budget for 2026 tabled in Parliament last week contained interesting signals for further policy considerations and the public debate.
New vehicles drive car sales up by 20.7 pct YoY in Sep
Vehicles going into circulation for the first time jumped by 11.7 percent year-on-year (YoY) in September, after a decrease of 2.4 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.