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  1. General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 9.45 billion euros across 2019, up... which came to 6.99 billion and showed a drop of 337 million. Interest paid fell by 262 million euros to 4.56 billion euros. A small drop of 23 million euros was seen in social benefits, which came

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  2. Newsletter 270 -23/10/2020

    Newsletters

    and undermining compliance with the prevention measures. Revised data shows GDP up by 1.9 pct... with another issue, the favourable market conditions that have shaped up as a result of the ECB’s asset purchase programme made up the mind of the Greek authorities to lock in the record low borrowing costs

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  3. Newsletter 311 - 08/10/2021

    Newsletters

    by the end of the year. Combined with the precipitous drop in GDP in 2020, pushed up the debt-to-GDP... of 23.4 pct and exports to rise by 11.1 pct. On the other hand, public spending will drop by 2.8 pct... to rise by 2.7 pct, leading to a drop in the unemployment rate from 16 pct to 14.3 pct

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  4. Rise in import prices slow further to 15.7 pct YoY in Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , the index posted a sharp drop of 7.4 percent, after a rise of 1.5 percent in the previous month. The index now has four monthly contractions since May, recording the sharpest monthly drop since March 2020... by manufacture of refined oil products up by 32.4 percent and extraction of crude oil and natural gas

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  5. Newsletter 376 - 31/03/2023

    Newsletters

    and 4 pct respectively, while undefined votes make up 16 pct of the total. The projection based.... Observers’ concerns have been compounded by the sharp drop in support for the current administration..., when the winning party will gain up to 50 extra seats. Since the deadly train accident at the end

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  6. Newsletter 384 - 09/06/2023

    Newsletters

    of annual growth, though it is evident that the recovery is losing the momentum it built up after five... by 10.6 pct YoY. Goods exports grew by 9.5 pct QoQ and services were also up 4.5 pct from... peak of 4.15 billion euros in Q4 2022. This anomaly pushed up the total capital formation to levels

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  7. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    points drop in May. Since July last year, industry confidence is up by almost 6 points... 0.6-point drop in May, according to European Commission figures released on Thursday. Sentiment has... dropping by 3 points in May. The EEI is up by over 13 points in the rolling 12-month period. Industry

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  8. Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    percent, after a 1.4 percent drop in the previous month. The volume’s monthly movement was up by 1.6 percent. Compared to November 2022, automotive fuel was down by 13.2 percent, non-food was up by 2.... The corresponding volume index recorded a drop of 5.2 percent. Sales volumes have contracted for eight

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  9. Newsletter 418 - 29/03/2024

    Newsletters

    attention in order for the GGBs to move up the rating scale. Questioning the government's narrative... costs across the EU, with the Greek figure rising by 1 euro to 15.7 euros/hour, also up by around 2... expansion picked up pace slightly in February, rising by 3.8 pct year-on-year (YoY), up from 3

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  10. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    million. The non-euro area EU28 spending came to 347 million, up by over 32 percent. Germany had... million euros. Receipts from the UK followed with 205 million, up by more than 8 percent. Receipts from... percent, while those outside of the EU dropped by 2.4 percent. Visitors from the euro area were up

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