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  1. Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday. The headlin...

    7%

  2. These were the key drivers behind Greece's strong fiscal performance in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The publication of the general government’s non-financial sector accounts on Monday has provided more insight regarding the key drivers of the fiscal performance in 2016, which was confirmed in a first notification issued by the Hellenic Statistical Aut...

    7%

  3. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s current account (C/A) balance recorded a surplus of 1.83 billion euros in August from 1.66 billion a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure increased by 162.6 million euros year-on-year and was mainly drive...

    7%

  4. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European Stability Mechanism programme is set to be completed in A...

    7%

  5. Strong interest as Greece issues first 52-week T-Bill in almost eight years
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece took another step on Wednesday towards restoring its relationship with the markets and building its yield curve by issuing a 52-week treasury bill for the first time since April 2010. Prior to this issue, the stock of T-Bills stood at just under ...

    7%

  6. Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. Janua...

    7%

  7. Primary cash surplus at 7.72 bln in March on strong underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus recorded a surplus of 7.72 billion euros in the first three months of the year, Bank of Greece (BoG) figures showed on Wednesday. The headline figure includes an arrears’ repayment of 457 million euros, o...

    7%

  8. Strong deposit growth of 1.14 bln noted in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned strongly positive in March, with inflows of 1.14 billion compared to inflows of 59 million in February, Bank of Greece (BoG) figures revealed on Monday. The headline figure for the month represents...

    7%

  9. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 0.8 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2018, after an upwardly revised increase of 0.2 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional esti...

    7%

  10. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday. Receipts came to 3.38 billion euros for the month, an increase of 14.4 percent. Travel payments...

    7%