GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
PMI remains in growth territory in Nov amid supply disruptions and inflation
Retail sales rise by 13 pct in Sep as fuel has notable impact
Employment balance turns negative by 70,048 in Oct as tourism season ends
Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
Credit growth stable at 0.9 pct in Oct, led by lending to corporates
Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
Following two years during which the pandemic forced the Greek authorities to provide extensive support packages that pushed up the debt both in nominal terms and as a percentage of GDP, the draft 2022 budget anticipates the debt-to-GDP ratio resuming a downward path.
The Finance Ministry provided in 2020 and 2021, 11.6 and 15.6 billion euros respectively of support measures with direct fiscal impact. For 2022 the support package is significantly reduced to just 2.9 billion euros.
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