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  1. Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023

    EconomyMacroeconomy

    . On a monthly basis, industrial turnover in the total market increased by 10.2 percent, led by increases... 2 points in the previous month. Since June last year, industry confidence is now down by only 0.4

    11%

  2. Building activity remains in contraction for June with 1.7 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Statistical Agency (ELSTAT) on Friday. The total number of permits issued in June reached 2,418, from... points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling 12-month

    11%

  3. New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    to grow strongly, and well over eurozone peers, with 2.3 pct in 2025 and 2 pct in 2026. The effects... to 2028. The total fiscal balance is seen dropping to -0.6 pct of GDP in 2025, before it doubles

    11%

  4. Trade deficit reaches 22 bln in 8M as exports continue to slide
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    of 2024 showed that the trade deficit increased by 7.7 percent, bringing the total to 22 billion euros. Imports rose by 2 percent, while exports decreased by 1.5 percent. Excluding the value of oil

    11%

  5. Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    of wood and cork, except furniture, and textiles. Revenue in the domestic market increased by 2... in the total market decreased by 23.6 percent, led by decreases of 23.7 percent in manufacturing

    11%

  6. Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    countries reached 2.47 million. Receipts from EU countries were 2.6 billion euros, of which 2 billion... billion euros. Receipts from non-EU countries amounted to 5.98 billion euros. In total, arrivals rose

    11%

  7. Building activity returns to growth with 15.2 pct YoY rise in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    Agency (ELSTAT) on Thursday. The total number of permits issued in July reached 2,792, from 2,423... to 5.2 points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling

    11%

  8. VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    investment budget, came to 36.03 billion euros. Net revenues came to 50.9 billion euros. The total budget... of the transfers to SSFs by over 2 billion and non-allocated expenditure that is 1.37 billion euros below

    11%

  9. Boosted by corporations, Sep deposits reach highest since Apr 2011
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    down by 155 million to 37.19 billion. Corporate deposits increased by almost 2 billion euros to 50.53 billion euros. Total deposits, which also include the general government, increased by 2.36 billion

    11%

  10. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024... further to near balance in 2025 and then run a small total surplus of 0.2 percent of GDP in 2026

    11%