Economy
Building activity slows in April with 4.2% YoY rise
Building activity growth slowed significantly in April, with a rise of 4.2 percent year-on-year (YoY), after a jump of 22.3 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
Business loans drive 7.7% YoY credit growth in June
Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
Corporate inflows in June push deposits to highest point since April 2010
Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
VAT and underspend drive budget outperformance in first six months
The budget primary balance was confirmed at a surplus of 4.49 billion euros for June, compared to a surplus of 4.52 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
Household disposable income increased by 3.2 percent year-on-year (YoY) in Q1 2026, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
Greece's travel balance recorded a surplus of 2.02 billion euros in May, compared to 735.9 million euros in April, according to data released by the Bank of Greece (BoG) on Wednesday.
Record travel receipts and narrower trade deficit reflected in current account up to May
Greece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed.
Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
Greece’s industrial turnover recorded another sizable rise of 14.1 percent year-on-year (YoY) in May, from a jump of 23 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
The budget primary balance landed at a surplus of 4.48 billion euros up to June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Greece relies on labour, VAT and green taxes more than any EU member
According to the European Commission’s Annual Report on Taxation 2026, Greece is currently balancing a high tax burden on labour with some of the most aggressive digital modernisation efforts in the eurozone.