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  1. Newsletter 400 - 03/11/2023

    Newsletters

    a primary surplus that will consistently exceed 2 pct for the next four decades. This commitment is already

    14%
  2. Inflation in October doubles to 3.4 pct, food inflation nears 10 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    by a drop of 2 pct in housing costs due to price reductions in rentals for dwellings, services

    14%
  3. Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln

    EconomyBanking

    , the HFSF stake dropped to the current 40 pct. In early 2017, NBG repaid the 2 billion euros of the CoCos

    14%
  4. Annual contraction of import prices slows in Sep, index growing MoM since Jun

    EconomyMacroeconomy

    in refined oil products and electricity also rising by 2 percent. In terms of industries, energy dropped

    14%
  5. EC's autumn forecasts see stable growth, with RRF playing pivotal role
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    that is to exceed 2 pct of GDP for the foreseeable future, the general deficit will be 0.9 pct and 0.8

    14%
  6. Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros in Q3 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday. The Q3 debt movements reflect a drop of nearly 4 billion euros in repos and lower FSM loans by half a billion, partially offset

    14%
  7. Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
    Photo by MacroPolis

    EconomyMacroeconomy

    to -4.3, from -2 points in the previous month. Since November last year, industry confidence is down

    14%
  8. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    billion to 13.34 billion euros. Spending will also rise by almost 2 billion euros to 74.63 billion

    14%
  9. Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
    Athens Airport metro

    EconomyMacroeconomy

    3.12 million, with 2 million coming from the eurozone, while non-EU reached 2.02 million. Most

    14%
  10. Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros. VAT revenues amounted to 19.56 billion, 2 million higher than the target. Excise tax

    14%