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  1. Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    16%

  2. Newsletter 415 - 08/03/2024

    Newsletters

    grew by 3.7 pct thanks to a solid tourism season that favoured exports of services, to a total..., taking the total for 2023 to 13.4 pct, from 11.9 pct in 2022. The market has grown each year since

    16%

  3. First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses

    EconomyBanking

    . The transaction was heavily oversubscribed by 8x, roughly 3x in Greece and 9x abroad. The total stake.... This brings the total intakes from the divestment process to roughly 2.8 billion euros, which translated

    16%

  4. Jan current account in surplus, trade balance worsens as exports drop again
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , compared to a deficit of 2.47 billion euros in the same month last year. Total imports came to 6.63 billion euros in January, from 6.86 billion last year. At the same time, total exports came to 3.94

    16%

  5. Travel balance surplus more than doubles YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    increased to 2.45 billion, bringing the total travel balance to 18.01 billion euros, a significant... countries amounted to 8.59 billion euros. In total, arrivals rose by 17.6 percent to 32.74 million

    16%

  6. Newsletter 419 - 05/04/2024

    Newsletters

    , purchases peaked in Q2 2023 with 605.8 million euros. Total FDI in 2023 was 5 billion euros... balance in January. Total hires were 391,463, against 398,917 departures.

    16%

  7. Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , compared to a deficit of 2.28 billion euros in the same month last year. Total imports came to 7.02 billion euros in February, from 6.64 billion last year. At the same time, total exports came to 3.91

    16%

  8. Government touts upgrades to civil protection amid early start to wildfire season
    Image: https://civilprotection.gov.gr/

    PoliticsGreek Politics

    wildfire season on record with a total burnt area of 125,000 hectares. The increasing severity... some fresh faces and technocrats on their ballots, Greece will elect a total of 21 MEP across all

    16%

  9. Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    2023. Net trading income was a loss of 4 million euros. Total operating expenses stood at 193... the total capital ratio was at 18.5 percent.

    16%

  10. Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    by 115,672 people, with total employment staying well above the four-million mark, at roughly 4.33 million... by 56,235 jobs, deteriorating by 1,252 jobs year-on-year. Total hires were 644,069, against 587,834

    16%