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  1. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    negative factor for tourism revenues was also a sharp drop of 35.6 percent in the expenditure of UK

    12%
  2. These were the key drivers behind Greece's strong fiscal performance in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the second largest drop of expenditure items after the remarkable decline of capital transfers from

    12%
  3. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    assets, attributable mostly to an 8 billion-euro drop in residents' holdings of foreign bonds and T

    12%
  4. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 6.17 billion in 2017. Interest payments will drop from 6 billion this year to 5.2 billion next

    12%
  5. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    drop of 0.8 percent to 125,400. In total, arrivals from the EU 28 countries rose by 12.9 percent YoY

    12%
  6. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2.5 pct in 2023, while government spending will drop by 1.3 pct, after rising by a marginal 0.3

    12%
  7. Seasonal factors lead to strong deposit growth of 6.4 bln euros in Dec
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    , increased by 5.32 billion euros to 201.62 billion euros, after an 927-million euros drop in November.

    12%
  8. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    will drop further to 1.57 billion euros, or 0.6 pct of GDP, from 2.26 billion euros at 1 pct of GDP

    12%
  9. Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025

    EconomyMacroeconomy

    Vehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2024, licences had decreased marginally by 0.2 percent

    12%
  10. Building activity suffers larger drop of 30.9 pct in November

    EconomyMacroeconomy

    percent, while surface and volume recorded a slower drop, -16.4 and -10.3 percent respectively. According to the regional breakdown, the highest drop in November was posted in West Macedonia (down 51.2... to 16,400 in 2013 from 65,500 in 2008, almost three times the GDP drop in this period. Unlike other

    12%