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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
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Small total surplus for budget at close of 2025 as underspend remains prominent
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Energy propels 3.3 pct YoY drop in import prices in Nov
Fiscal data impressive but details suggest caution still required
The state of Greece’s public finances took prominence in the public debate when Eurostat and ELSTAT published the official data for the 2021 to 2024 period, with Greece presenting a sizable primary surplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total surplus of 3.18 billion euros, or 1.3 pct of GDP.
The data at general government level includes the central government, local governments, and social security funds, all of which were in total surplus, with the central government at 3.18 billion euros, local governments at 2.05 billion euros and social...
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