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  1. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    of February 2023, while it was estimated that this amount would be collected in December 2022. The remaining

    2%

  2. Credit growth slows to 3.1 pct in May, as flow to corporations contracts
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector continued to slow in May, rising by 3.1 percent year-on-year (YoY), from 3.9 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. Last December’s growth was the highest since the summer of 2009 with 6.3 percent, however

    2%

  3. Tsipras resigns, paves way for leadership contest at SYRIZA as left looks to regroup
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    with the renewal project he began in December 2021 after taking over at the helm of the former political

    2%

  4. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    of February 2023. It was estimated that this amount would be collected in December 2022

    2%

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

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector continued to slow in June, rising by 2.8 percent year-on-year (YoY), from 3.1 percent in May, Bank of Greece (BoG) figures released on Wednesday showed. Last December’s growth was the highest since the summer of 2009 with 6.3 percent, however

    2%

  6. Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
    Photo by MacroPolis

    Economy

    and Fitch again on December 1. DBRS issued a note on Greece on Friday, in which it argues

    2%

  7. Industrial production drops for first time in 2023, down 3.6 pct in June
    Image via www.viohalco.com

    EconomyMacroeconomy

    of 2023, with June’s print being the first negative reading since December 2022. This takes the growth

    2%

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

    EconomyMacroeconomy

    until the end of February 2023. It was estimated that this amount would be collected in December 2022

    2%

  9. Credit expansion slows to 1.2 pct in July as corporate loans contract
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The pace of credit movement in the Greek private sector continued to slow in July, rising by 1.2 percent year-on-year (YoY), from 2.8 percent in June, Bank of Greece (BoG) figures released on Monday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009. However

    2%

  10. Newsletter 391 - 01/09/2023

    Newsletters

    was in December last year with 6.3 pct, which was the highest since the summer of 2009, though

    2%