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  1. Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    of 2.58 billion in February last year. The breakdown showed that in February, revenues rose by roughly 800 million euros year-on-year (YoY) to 4.64 billion euros. Expenditure was significantly contained to 4.19 billion euros, from 6.09 billion euros in February last year. Interest payments dropped

    1%

  2. DBRS moves Greece a notch closer to investment grade as Moody's holds off
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    Economy

    year. It pushed Greece up to ‘BB’, two notches from investment grade, in line with Fitch’s rating... to the fiscal consolidation. The agency notes that the fiscal overperformance last year has led... are expected to trim about one percentage point from this year’s GDP. The banking sector continues making

    1%

  3. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    euros, compared to a deficit of 1.58 billion euros in the same month last year. Total imports came to 6.35 billion euros, from 4.02 billion last year. At the same time, total exports came to 3.31 billion... was a deficit of 968.9 million euros, from 382 million euros last year. The balance of goods excluding oil

    1%

  4. Growth in car sales slows to 7.6 pct in March
    Image: MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 7.6 percent year-on-year... Statistical Authority (ELSTAT) data released on Tuesday. In March 2021, the year-on-year change was a drop of 1.6 percent. Car sales in March came to 17,661 compared to 16,731 last year, a rise of 5.6

    1%

  5. Employment balance stays positive in Mar, Q1 underperforms YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    in February due to 15,189 more hirings than departures. The balance in March last year was positive by 19,161, meaning there was a rise of 15,212 job openings year-on-year (YoY). At the start of last year... to last year, nearly doubling by 94 percent, with 80,052 more job losses. The proportion of hirings

    1%

  6. Growth in car sales eases to 1.9 pct in Apr as new purchases drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 1.9 percent year-on-year... Statistical Authority (ELSTAT) data released on Friday. In April 2021, the year-on-year change... sales in April came to 17,904 compared to 18,532 last year, a drop of 2 percent. Passenger cars

    1%

  7. Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months

    EconomyMacroeconomy

    of 2.54 billion in April last year. The breakdown showed that in April, revenues rose by roughly 200 million euros year-on-year (YoY) to 3.77 billion euros. Expenditure was significantly contained to 4.66 billion euros, from 6.12 billion euros in April last year. Interest payments were broadly stable

    1%

  8. Removal of restrictions boosts travel receipts in Mar

    EconomyMacroeconomy

    came to 196.7 million euros for the month, more than four times higher year-on-year, from 39 million... effect of March last year, when the tourism season and travel were restrained. The data also... of the same period last year, and in line with the 201 million euros of 2020. Average expenditure per

    1%

  9. Vehicle registrations up by 21.3 pct in May, led by cars
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 21.3 percent year-on-year (YoY) in May, picking up pace from the rise of 1.9 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In May 2021, the year-on-year change was 57.2

    1%

  10. Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism

    EconomyMacroeconomy

    in the first quarter of the year, rising to 13.8 percent, from 13.2 percent in Q4 2021, Hellenic... was in the Peloponnese at 10.4 percent. The number of long-term unemployed (more than 1 year) came... for family workers. Year-on-year, employees increased by 14.4 percent. Self-employed with employees were up

    1%