Greece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in August, after a decline of 21 percent in July, according to data released by ELSTAT on Friday.
The Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank.
The OECD published on Tuesday the annual Going For Growth report for 2023, with economic performance obstacles at country level and the relevant policy recommendations for four main areas.
Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
The Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP.
Greece’s seasonally adjusted (SA) unemployment rate was unchanged in August, landing at 10.9 percent, the same as July after a slight upwards revision, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Greece’s Manufacturing PMI remained in expansion territory in September, although it fell significantly to 50.3 points, from 52.9 points in August, according to S&P Global data released on Monday.
Greece’s Producer Price Index (PPI) contracted for the sixth successive month in August, dropping by 8.3 percent year-on-year (YoY), after falling by 8.6 percent in July, ELSTAT data showed on Friday.
Greece’s retail sales returned to positive territory in July, with a rise of 3.1 percent year-on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
The Parliamentary Budget Office (PBO) has published its quarterly report, in which it confirmed that - based on data for the first half of 2023 - the Greek economy is on course to reach its growth outlook, although natural disasters over the recent months have clouded the growth and fiscal outlook.
Greece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points, after a 0.7-point increase in August, according to European Commission figures released on Thursday.