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  1. Growth in credit expansion slows further to 2.8 pct in Jun
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    recent negative readings. The outstanding balance increased to 113.89 billion euros, from 112.48 billion euros in May. The corporate lending balance’s net monthly flow was positive by 1.63 billion euros... to non-financial corporations was positive by 1.4 billion euros. The balance stood at 63.56 billion euros

    4%

  2. Underspend and improved tax collection help budget beat target by 881 mln in July
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit... budget, came to 28.66 billion euros. Net revenues came to 37.15 billion euros. The budget balance up.... The overall balance is better than the target by 881 million euros. Revenues Net revenues for the period

    4%

  3. Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.73 billion euros in June, from 1.54 billion euros in May, according to Bank of Greece (BoG) data released on Tuesday. June’s balance was roughly 17 percent higher than the 2.23 billion euros registered in June 2022. The balance in June 2021 was just

    4%

  4. Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared... euros. Net revenues came to 37.15 billion euros. The budget balance up to July showed a deficit of 1.44 billion euros, from a 4.59-billion-euro deficit in 2022. The overall balance is better than

    4%

  5. Credit expansion slows to 1.2 pct in July as corporate loans contract
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    EconomyMacroeconomy

    again after May’s decline. The outstanding balance decreased to 112.49 billion euros, from 113.89 billion euros in June. The corporate lending balance’s net monthly flow was negative by 1.23 billion euros...-financial corporations was negative by 1.21 billion euros. The balance stood at 62.31 billion euros

    4%

  6. Tax revenues continue to outperform in Aug, as ministry explains frugal approach
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 5.59 billion euros in August, compared to a surplus... investment budget, came to 32.11 billion euros. Net revenues came to 43.11 billion euros. The budget balance.... The overall balance is better than the target by 2.32 billion euros. Revenues Net revenues

    4%

  7. Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared... budget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up.... The overall balance is better than the target by 2.33 billion euros. Revenues Net revenues for the period

    4%

  8. Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
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    EconomyMacroeconomy

    . The outstanding balance decreased to 111.96 billion euros, from 112.53 billion euros in July. The corporate lending balance’s net monthly flow was negative by 319 million euros, after a drop of 1.18 billion euros... by 293 million euros. The balance stood at 62.07 billion euros. Credit to insurance corporations showed

    4%

  9. Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 5.98 billion euros in September, compared... balance up to September showed a deficit of 400 million euros, from a 4.22-billion-euro deficit in September 2022. The overall balance is better than the target by 2.3 billion euros. Revenues Net revenues

    4%

  10. Travel receipts of 14.66 bln to Aug beat last year, head for all-time record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 4.11 billion euros in August, from 3.88 billion euros in July, according to Bank of Greece (BoG) data released on Monday. August’s balance was 4 percent higher than the 3.95 billion euros registered in August 2022. The balance in August 2021 was 3.02

    4%