The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic.
Greece’s travel balance came to a surplus of 9.6 million euros in April from 4.9 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 97.5 percent year-on-year (YoY).
Greece’s industrial turnover rose 52.5 percent from a year earlier in April, compared with a revised increase of 18.5 percent in March.
Greece posted a current account (C/A) deficit of 2.08 billion euros in April compared to 1.46 billion euros in March, Bank of Greece (BoG) data showed on Friday.
Greece’s central government recorded a primary cash balance deficit of 8.23 billion euros in the first five months of the year, according to figures released by the Bank of Greece.
Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth of 2.7 pct, to the positive range of growth of 3.6 to 4.8 pct in 2021.
The Bank of Greece’s (BoG) released statistics for the first quarter (Q1) of 2021 regarding the operations of Credit Servicing Firms (CSFs) in Greece.
Greece’s seasonally adjusted (SA) Wages Index increased 5.8 percent year-on-year (YoY) in the first quarter (Q1) of 2021, following a rise of 4.5 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
Activity in Greece’s banking sector continues unabated as Greek systemic lenders proceed with their plans to improve their balance sheets and leave behind the legacy of the decade-long debt crisis.
The budget primary balance recorded a deficit of 8.17 billion euros in the first five months of 2021, compared with a deficit of 4.84 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Tuesday.