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Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
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Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
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Central gov primary cash deficit plummets to 9.86 bln in 2021
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Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
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Despite job losses in Q4 2021, year closes with positive hirings balance
Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
Following two years during which Greece was allowed, thanks to the SGP escape clause, to run substantial deficits to protect its economy from the impact of the pandemic, 2022 sees some sense of fiscal order returning based on the draft budget submitted to Parliament on Monday.
Using the enhanced surveillance methodology that Greece is subject to until next summer and excludes exceptional items such as SMP and ANFA profit disbursements and spending on migration, Greece ran a primary deficit of 12.49 billion euros in 2020 and i...
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