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Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
EconomyMacroeconomyGreece’s current deficit in April narrowed to 1.78 billion euros, from 2.4 billion euros in March, Bank of Greece (BoG) data showed on Tuesday. In April 2022, the balance showed a deficit of 1.66 billion euros, while in April 2021 the current account po...
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the f...
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Current account deficit narrows further in May, down by over 3 bln in first five months
EconomyMacroeconomyGreece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a...
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Economic sentiment unchanged in Dec, consumer confidence improves by 3 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) was virtually unchanged in December, falling marginally to 106 points, from 106.2 in the previous month, according to European Commission figures released on Wednesday. Over the rolling 12-month period, December’s ESI i...
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomyGreece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY), from a 9.2 percent decrease in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first positive rea...
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Greece's open floodgates
Agorain by a type of Mediterranean storm known as a “medicane” that develops during this time of year... Karameros (SYRIZA) appeared on a TV panel show on Saturday wearing a fluorescent jacket of the type... that he had been selling the wrong type of clothing on his shows and that the jacket worn by the SYRIZA
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Opposition set to back same-sex marriage bill, easing passage through Parliament
PoliticsGreek Politicsfor the legislation. This means that Mitsotakis can count on 36 votes from SYRIZA and 11 from New Left, unless... voters and 36 pct of those who vote for SYRIZA. However, opinion is split on whether changing the law will have a positive or negative impact on state-funded universities. Of those questioned, 36 pct
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societyis inhabited. The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit
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Our most popular stories in 2014
Agora. The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth
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The state of play with Greek banks' liquidity
Economyto the non-eligibility of a particular type of ECB funding collateral as of March 1. This stems... had placed with the ECB such type of collateral (Pillar II bonds) with a cash value of 21 billion
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