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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
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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
Falling property FDI raises questions about housing market after Golden Visa rush
The latest data from the Bank of Greece (BoG) on non-residents investments in real estate underlined the effects that the Golden Visa scheme had on the Greek property market, largely contributing to the housing crisis which the government is now trying to tackle.
Data for Q2 this year showed that FDI in real estate continued to slide, dropping by 6.5 pct year-on-year (YoY), though it significantly slowed from the sharp fall of over 31 pct YoY that was recorded in Q1.
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