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Building activity slows in April with 4.2% YoY rise
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Business loans drive 7.7% YoY credit growth in June
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Corporate inflows in June push deposits to highest point since April 2010
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VAT and underspend drive budget outperformance in first six months
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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
OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
The OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities.
GDP growth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher consumption, led by minimum wage increases, and robust investment from the RRF. However, slowing external demand, new US tariffs, and rising trade cost...
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