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  1. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    of 978 million. In particular for May, primary deficit stood at 597 million compared to a target of 246...) fell significantly by 23.6 percent in May to 2.92 billion, its lowest reading so far this year... target 1.05 billion in May. According to MoF, almost two thirds of the underperformance in May

    14%
  2. Q3 unemployment in Greece still at 27 pct despite strong tourism season
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the strong tourism season. Attica’s rate stands marginally rose to 28.2 percent in Q3 (from 28.1 in Q2

    14%
  3. Greek shares up for the third straight week on strong performance from banks

    Economy

    The Greek stock market headed north for the third successive week posting gains of 3.9 percent mainly driven by banks (+18.6 percent), which continued recording strong gains for the third week in a row. The quadriga’s mission chiefs concluded on Friday their 3-day visit to Athens, the first after

    14%
  4. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    Despite a strong rebound on Monday, the Greek equity market traded on negative ground in the following sessions, ending the week down 3.4 percent. The initial positive reaction in the aftermath of banks’ capital shortfall announcement by the ECB was reversed amid stock overhang concerns and delayed

    14%
  5. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflecting a strong underspend with primary expenditure coming in at 1.04 billion euros below the target

    14%
  6. Orthodox Christianity survey reveals strong influence on Greek society
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    strong, at 70 percent, standing closer to levels reported in the former USSR than in European countries

    14%
  7. Budget primary surplus at 1.97 bln in 2017 on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    target by 1.09 billion euros. The driving factor was a combination of a strong underspend against

    14%
  8. Trade deficit drops by 4.6 pct in April as export activity remains strong
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in the trade deficit, which landed at 7.08 billion. The driving factor was a strong increase of 13.2 percent

    14%
  9. PMI slows to 53.1 in October, orders and employment remain strong
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    remained strong in October, with new clients and market expansion driving orders. In addition

    14%
  10. PDMA releases details of 10-year bond, highlighting strong interest
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    were released the next day at 10:15 local time. Strong interest was evident from the onset

    14%