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Latest BoG report sees sustained growth, range of challenges
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Current account deficit still improving in Oct due to trade balance for services, goods
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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
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Budget continues to outperform in Nov as taxes beat target by 334 mln
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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
Subdued start for building activity as permits record back-to-back drop in May
The decline in building permits slowed in May, falling by just 0.4 percent year-on-year (YoY), after a 10 percent decline in April, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Tuesday.
This is the second contraction since February 2021, when it had dropped by 3.2 percent and a previous low of 22.4 percent in April 2020 when Greece was in its first and strictest lockdown.
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