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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
PBO sees economy making soft landing, but facing challenges ahead
The Parliamentary Budget Office (PBO) released its latest quarterly report on Tuesday, which highlights some of the concerns for the coming year despite notable progress on the fiscal and economic front this year.
Fiscally, Greece had a sounds year, thanks to the growing economy and the effects of inflation, with the fiscal picture improving by more than 12 billion euros year-on-year. As such, the fiscal goals for this year appear secure.
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