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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
Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
The Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP.
The economy is seen maintaining its momentum, with growth rising from the 2.3 pct expected this year, though slower from the 5.9 pct of 2022 due to the recovery after the pandemic slump, at a more stable growth path.
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