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  1. Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the first five months of the year, Bank of Greece (BoG) figures showed on Monday. The headline figure... compared to the figure for the same time last year which came to a deficit of 320 million euros... billion, down by 8.4 percent year-on-year. The current month’s revenue figure reverses the increase

    6%

  2. Travel balance records 127 mln surplus in Q1, much improved on last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    higher by 47.3 percent than the surplus of 86 million noted for the same period last year. The rise... of 5.9 percent (24 million euros) in travel payments. Foreign visitors were up by 12.4 percent year-on-year, which was the main driving factor behind higher receipts. A small increase of 0.7 percent

    6%

  3. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros compared to a surplus of 1.87 billion euros last year. Receipts were driven... to 581 a year ago. Travel receipts from the 28 European Union (EU 28) countries increased by 24.8 percent year-on-year (YoY) and came to 1.69 billion euros for June. For euro-denominated countries

    6%

  4. Building permits rise by 16.2 pct in June and 7.5 pct in first half of year

    EconomyMacroeconomy

    reading of the year so far. The current figure is also the second highest increase for the year after January’s year-on-year (YoY) rise of 18 percent. Additionally, permits came to 1,374, staying above... was issued in Attica (301 permits), up by 17.6 percent compared to last year. The smallest number

    6%

  5. Privatisation revenues edge upward as end-of-year deadline looms
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    With three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year... of the year. The government's draft budget report lists a total of 13 privatisations due

    6%

  6. Survey finds only 60 pct of hotels operated in the year so far
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    percent of hotels operated during the year to date. Regarding hotels that operate year-round, only 59... percent in September. Of the 3,965 year-round hotels surveyed, 59 percent operated in 2020 (2,328 hotels). Out of those, 503 will close by October and 214 by the end of the year. This translates

    6%

  7. Government in race against time to resolve bailout issues

    EconomyProgramme

    , increasing by 3,350 euros for each child. The quadriga criteria would protect around 17 percent... of 2017. The quadriga mission chiefs arrived in Athens on Tuesday evening and are expected to start

    6%

  8. C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year

    EconomyMacroeconomy

    million euros from 895 million last year, according to Bank of Greece (BoG). The recorded 7.7 percent rise year on year (yoy) mainly reflects an increase in the services surplus by 338 million, more.... The strong monthly performance led year-to-date C/A surplus year to widen at 2.55 billion at the end

    6%

  9. Building permits up by 1 pct in April and 5.2 pct in first four months of the year
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    the year-on-year reading back into positive territory, after March’s decline which was the first negative reading of the year to date. Permits came to 1,058, staying above the 1,000-permit mark... last year. The smallest number of absolute permits was issued in western Macedonia with 15

    6%

  10. Record year for company launches in 2018, small enterprises continue to dominate

    EconomyFeatures

    Data from the General Commercial Register database (GEMI) has shown that 2018 was a bumper year.... Year-on-year company registrations have shown a trend for being in negative territory since 2011... years. Company delistings were also negative for each year except for 2016, when a 26.4 percent

    6%