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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
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Record travel receipts and narrower trade deficit reflected in current account up to May
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
The Finance Ministry tabled in Parliament on Monday the final budget for 2023, which - despite the global challenges - sees Greece outperforming EU peers and avoiding a recession, while also delivering a primary surplus.
Growth for next year is seen at 1.8 pct, a minor revision from the 2.1 pct seen in the draft budget last month, and ahead of the recent forecast by the European Commission of 1 pct.
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