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  1. Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach

    EconomyMacroeconomy

    billion euros, the total deficit was 1.6 pct of GDP, from 2.5 pct of GDP in 2022. The primary balance... market was steadily improving. With growth of more than 2 pct by most estimates for 2024 and assuming

    20%

  2. Alpha reports 211 mln profit in Q1 as NII reached 420 mln
    Photo by MacroPolis

    EconomyBanking

    million in 2023. Recurring operating expenses were down by 2 percent to 200 million euros, from 206...) ratio in Q1 stood at 14.6 percent, from 12.3 percent a year ago. The bank’s Total Capital Ratio

    20%

  3. Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023

    EconomyMacroeconomy

    . On a monthly basis, industrial turnover in the total market increased by 10.2 percent, led by increases... 2 points in the previous month. Since June last year, industry confidence is now down by only 0.4

    20%

  4. Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out

    PoliticsGreek Politics

    presented a total of 45 measures of varying significance during Saturday’s speech, none of which caused... announcements. He confirmed that a second version of the My Home scheme will be launched, supported by 2 billion

    20%

  5. Newsletter 433 - 13/09/2024

    Newsletters

    presented a total of 45 measures of varying significance during Saturday’s speech, none of which caused... pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026

    20%

  6. Building activity remains in contraction for June with 1.7 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Statistical Agency (ELSTAT) on Friday. The total number of permits issued in June reached 2,418, from... points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling 12-month

    20%

  7. New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    to grow strongly, and well over eurozone peers, with 2.3 pct in 2025 and 2 pct in 2026. The effects... to 2028. The total fiscal balance is seen dropping to -0.6 pct of GDP in 2025, before it doubles

    20%

  8. Trade deficit reaches 22 bln in 8M as exports continue to slide
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    of 2024 showed that the trade deficit increased by 7.7 percent, bringing the total to 22 billion euros. Imports rose by 2 percent, while exports decreased by 1.5 percent. Excluding the value of oil

    20%

  9. Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    of wood and cork, except furniture, and textiles. Revenue in the domestic market increased by 2... in the total market decreased by 23.6 percent, led by decreases of 23.7 percent in manufacturing

    20%

  10. Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    countries reached 2.47 million. Receipts from EU countries were 2.6 billion euros, of which 2 billion... billion euros. Receipts from non-EU countries amounted to 5.98 billion euros. In total, arrivals rose

    20%