Economy
Greece faces prolonged price pressures despite US–Iran deal
The Greek authorities will have welcomed the MoU signed between the US and Iran as a first decisive step towards a lasting resolution of the conflict, although a 60‑day period remains in which outstanding issues must be resolved before a final deal is reached.
Strong arrivals push travel balance up 58.5 pct by April
Greece's travel balance recorded a surplus of 735.9 million euros in April, compared to 409.6 million euros in March, according to data released by the Bank of Greece (BoG) on Monday.
Energy continues to lead industrial turnover growth of 23% YoY in April
Greece’s industrial turnover recorded another sharp rise of 23 percent year-on-year (YoY) in April, from a jump of 27.1 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
Greece’s current account narrowed in April to a deficit of 1.39 billion euros, from 2.34 billion euros in the previous month, Bank of Greece (BoG) data released on Friday showed.
Car sales remain strong, rising by 3.3% YoY up to May
Vehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May, after a marginal rise of 0.6 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
Wages index maintains momentum with 6.7% YoY rise in Q1
Greece’s seasonally adjusted (SA) Wages Index grew by 6.7 percent year-on-year (YoY) in Q1, from 7.9 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Budget continues to perform strongly with 3.64 bln surplus up to May
The budget primary balance landed at a surplus of 3.64 billion euros up to May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Energy propels 18.4% YoY rise in import prices for April
Greece’s import price index jumped by 18.4 percent year-on-year (YoY) in April, after an also significant increase of 11.4 percent in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Strong bond reopening virtually completes Greece's debt strategy for 2026
On Wednesday the PDMA successfully completed its second major transaction for the year, essentially executing the entire annual strategy within the first half of 2026, despite geopolitical tensions, and ahead of any policy decisions by the ECB that would raise interest rates.
Electricity main driver for industrial production rise of 2.1% YoY in April
Greece’s Industrial Production Index (IPI) decelerated in April with a rise of 2.1 percent year-on-year (YoY), from 8.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.