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  1. Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared..., came to 53.95 billion euros. Net revenues came to 67 billion euros. The budget balance for 2023 showed a deficit of 3.76 billion euros, from an 11.66-billion-euro deficit in 2022. The overall balance

    4%

  2. Credit growth accelerates to 3.6 pct in Dec, led by loans to corporations
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    balance increased to 118.41 billion euros, from 113.26 billion euros in November. The corporate lending balance’s net monthly flow was positive by 3.8 billion euros, after a rise of 777 million euros... by 2.89 billion euros. The balance stood at 67.46 billion euros. Credit to insurance corporations

    4%

  3. Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 114.9 million euros in December, compared to 206.2.... December's balance was 72.1 percent higher than the 66.8 million euros recorded in December 2022. In December 2021, the balance was 73.4 million euros. Receipts for the month were 344.2 million euros

    4%

  4. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 2.28 billion euros in the opening month..., came to 3.59 billion euros. Net revenues came to 6.72 billion euros. The budget balance for January.... The overall balance is better than the target by 1.18 billion euros. Revenues Net revenues in January stood

    4%

  5. Credit expansion slows in Jan with 2.73 bln outflow
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    in December, with a mixed flows picture in the last few months. The outstanding balance decreased to 115.63 billion euros, from 118.41 billion euros in December. The corporate lending balance’s net monthly.... The balance stood at 65.42 billion euros. Credit to insurance corporations showed a net monthly outflow

    4%

  6. Newsletter 422 - 26/04/2024

    Newsletters

    , with the primary balance exceeding 4 billion euros and reaching 1.9 pct of GDP, when the government had... In March, Greece recorded a strong employment balance as monitored in the Labour Ministry’s database... activity and the start of the tourism season. Accommodation jobs had the highest balance with 20,481

    4%

  7. Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of close to 3.28 billion euros in April... Ministry (MoF) budget execution data released on Monday. In April, the budget primary balance... budget, came to 16.06 billion euros. Net revenues came to 22.54 billion euros. The total budget balance

    4%

  8. VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 3.2 billion euros in May, compared... (MoF) budget execution data released on Tuesday. In May, the budget primary balance outperformed... to 19.88 billion euros. Net revenues came to 26.88 billion euros. The total budget balance for May

    4%

  9. Receipts and arrivals rise in May, but spending per trip down by 12.2 pct
    Image: MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 1.65 billion euros in May, compared to 571.2 million euros in April, according to data released by the Bank of Greece (BoG) on Tuesday. May's balance was 2.7 percent higher than the 1.61 billion euros recorded in May 2023. In May 2022, the balance

    4%

  10. Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 2.91 billion euros in June, compared... Ministry (MoF) budget execution data released on Friday. Up to June, the budget primary balance..., came to 24.15 billion euros. Net revenues came to 31.47 billion euros. The total budget balance

    4%