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Electricity main driver for industrial production rise of 2.1% YoY in April
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CPI at 5.2% YoY in May as impact of Iran war spreads
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
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Rising prices and energy pressures threaten to undermine 2026 outlook
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Fuels prompt sharp drop of 25.2% in April trade deficit
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
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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