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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomydeterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyto 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45
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Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
EconomyMacroeconomyfor a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million
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Lower yields for short- and long-term borrowing boost Athens
EconomyMacroeconomyratio of 2.81. The PDMA accepted 812 million euros for an auctioned amount of 625 million. The yields
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyby 1.51 billion euros, while transfers were up by 812 million euros. This overperformance is due
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Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8... of products sold in the domestic market was 48.1 percent YoY, led by 100.1 percent higher prices for refined petroleum products, followed by electricity and gas at 89.4 percent and manufacture of wood
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Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) slowed significantly in February, when it rose... monthly drops over the latest 12-month period. The rise of products sold in the domestic market reached 4.7 percent annually, led by food products manufacturing with 12.6 percent, followed by paper
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeatures24 hours paid by Greece. Greece produces 100 percent of its crude steel via the electric arc.... This barrier to being able to offer competitive export prices led to steel producer Arcelor Mittal, owner of Konti Steel in central Greece, to close its plant in 2011. Another steel producer, Hellenic
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Soldiers' return from Turkey provides Tsipras with timely boost
PoliticsGreek Politicsin Mati last month, the soldiers release was a huge relief for the coalition. The government had... the programme have been abandoned because of the death toll from the Mati fire, but Tsipras is still
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Tsipras conducts varied reshuffle in further bid to revitalise coalition
PoliticsGreek Politicsthis summer (due to the fatal Mati wildfire) and the announcement on Monday that Panos Skourletis would... at the moment. The role of the emergency services in dealing with the Mati fire has been under severe
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