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  1. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.13 billion euros in April compared to a deficit of 1.10 billion in March, Bank of Greece (BoG) data showed on Friday. In the same period last year, the deficit was 1.40 billion euros, meaning ...

    6%
  2. New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 222 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.44 billion, lower than the figure for the same period last year by 16.1...

    6%
  3. Credit growth up by 1.5 pct in July

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose by 1.5 percent in July after an increase of 0.4 percent in June, Bank of Greece (BoG) figures showed on Thursday. The outstanding balance increased to 147.58 billion euros. The latest increase is the high...

    6%
  4. Credit growth in August up by 1.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose by 1.9 percent in August after an increase of 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday. The outstanding balance increased to 147.72 billion euros. The latest increase is the high...

    6%
  5. Building permits rise by 12 pct in July as construction picks up

    EconomyMacroeconomy

    Building permits rose by 12 percent year-on-year (YoY) in July compared to a rise of 17 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 2,116. The corresponding surface area ro...

    6%
  6. Economic sentiment up to 92.3 in October, consumer confidence drops for fourth consecutive month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 2.8 points month-on-month in October to reach 92.3 points, European Commission (EC) figures showed on Thursday. In October, the Employment Expectations Indicator (EEI) for Greece came to 106.6 points compared to...

    6%
  7. Building permits drops by 3.3 pct in Aug, up by 13.7 pct in 8-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 3.3 percent year-on-year (YoY) in August compared to a rise of 12 percent in July, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 1,294. The corresponding surface ar...

    6%
  8. Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY) in the third quarter (Q3) of 2020, following a revised rise of 3.9 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The wages...

    6%
  9. Credit growth in November edges up to 2.6 pct, approaching 2010 high

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose by 2.6 percent in November after an increase of 2.5 percent in October, Bank of Greece (BoG) figures showed on Tuesday. The increase in credit growth is now approaching the previous high of 2.7 percent no...

    6%
  10. PMI dips to 49.4 points in February as cost burdens pile up

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped to 49.4 points in February from 50 points in January, according to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals worsening of op...

    6%