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Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
Economy. The primary surplus landed at 4.4 percent of GDP, or 8.15 billion euros, from 6.95 billion in 2017
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Industrial production up by 4.4% in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent
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GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP rose by 4.4 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021 after an upward revised increase of 3.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. Compared to Q1
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Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in August with a rise of 14.1 percent year-on-year (YoY), following a downwards revised 11.5 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The corresponding volume index rose by 4.4 percent annually in August
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Energy leads import price jump of 4.4 pct YoY in June
EconomyMacroeconomyGreece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index recorded more than one year of consecutive negative readings
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Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
EconomyMacroeconomyin March 2024. For the first quarter of 2025, travel receipts increased by 4.4 percent to 1.07 billion
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump
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Bonds enjoy great buoyancy but remain some distance from investment grade
EconomyGreece’s borrowing costs have enjoyed an unprecedented period of buoyancy this year, which included the benchmark 10-year bond yield dropping from 4.4 percent in early 2019 to marginally below 2... of triggering national elections. The international investment community, hungry for returns in a tough
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Attention turns to economic activity, support measures as Covid-19 vaccine rollout begins
PoliticsGreek PoliticsMitsotakis was among the first to receive the jab, but doubts remain about the next steps in the government... will see medical personnel and care home residents receive the jab, before other vulnerable groups... of the coronavirus crisis by accusing New Democracy of not ensuring workplaces were safe
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Greece prepares for next stage in Covid relaxation as tourism hopes hang in balance
PoliticsGreek Politicsvaccinated any benefits against those who have yet to receive the jab. She said this would remain... have received at least one jab and about 20% would be fully protected. Tourism Accelerating... of the world that Greece is a safe destination in the hope this will help revive the tourism industry after
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