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Travel balance up to May rises by 30.7 pct as arrivals soar by a third
EconomyMacroeconomy. Arrivals were 2.51 million in May, up roughly 14 percent from 2022. EU arrivals were 1.5 million
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Disposable income rises by 11.3 pct in Q1, saving rate negative for successive quarters
EconomyMacroeconomy. A rise of 14 percent was noted in other current transfers. Social contributions increased by 2.6
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Fires cast growing shadow as new shipwreck probe is announced
PoliticsGreek Politicssuch rises in 14 years. The relief measures will receive the support of main opposition party, SYRIZA
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Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct
EconomyMacroeconomywas up by 6.5 percent and food sales were up by 14 percent. Retail sales were led by a 12.4 percent
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Unemployment rate hits 11.1 pct in June as recovery loses steam
EconomyMacroeconomypoints (pps) year-on-year and came to 14 percent, while the rate for men stood at 8.7 percent
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Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance
PoliticsGreek Politicsperformance in the two votes. Since then, though, the entrepreneur, who left Greece at the age of 14, has
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek Politicsin a deadly road accident, in which 14 other members were injured. The Defence Ministry has been
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Positive sentiment around banks continues to grow
EconomyBankingThis year’s positive story around Greek banks is gaining momentum as systemic lenders appear to be leaving behind them the troubled era of the debt crisis and the sector is recording solid profitability hinged on the ECB’s tightening of monetary policy. Despite a correction of close to 14 pct
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
EconomyMacroeconomyprices dropped by 14 and 4.4 percent YoY respectively, with the rest of the inputs marking price
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Travel balance to July soars by 19 pct, reaching almost 9 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.88 billion euros in July, from 2.73 billion euros in June, according to Bank of Greece (BoG) data released on Thursday. July’s balance was roughly 14 percent higher than the 3.41 billion euros registered in July 2022. The balance in July 2021 was 2.16
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