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  1. PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March

    19%

  2. Travel balance surplus more than doubles YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. January's balance was over 106 percent higher than the 54.6 million euros recorded in January 2023

    19%

  3. Hiring balance improves by more than 18,000 jobs up to Aug

    EconomyMacroeconomy

    Greece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total

    19%

  4. Athens buoyed by content, mood of Mitsotakis trip to Washington
    Image: https://primeminister.gr/

    PoliticsForeign Policy

    Europe. Additionally, Mitsotakis has announced the appointment of Nikos Tsafos, a member of the Center

    17%

  5. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

    16%

  6. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    16%

  7. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    13%

  8. General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    which came to 417 million euros. The figure for 2017 was nearly half that for 2016 (611 million

    13%

  9. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 44.20 billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros

    13%

  10. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    13%