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  1. IMF approves Article IV consultation, growth seen resilient
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    is expected to drop further to 9.2 pct this year, from 10.6 pct in 2023 and 12.4 pct in 2022

    5%

  2. Building permits pick up pace in Oct with 8.7 pct growth
    Image: MacroPolis

    EconomyMacroeconomy

    mostly positive, with the biggest rise noted in Thessaly with 36 percent, and the largest drop in North

    5%

  3. Seasonal factors lead to strong deposit growth of 6.4 bln euros in Dec
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    EconomyMacroeconomy

    , increased by 5.32 billion euros to 201.62 billion euros, after an 927-million euros drop in November.

    5%

  4. Trade deficit drops by 20 pct in 2023 despite contraction of exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after a decline of 28.6 percent in November, according to data released by ELSTAT on Wednesday. The deficit came to 2.61 billion euros for December. Imports totalled 6.31 billion euros, dropping by 17.7 percent

    5%

  5. Industrial production concluded 2023 with modest annual growth of 2.2 pct
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    EconomyMacroeconomy

    recorded a rise of 0.7 percent, after a drop of 4.1 percent in the previous month. The annual movement

    5%

  6. European Commission leaves 2024 growth estimate of 2.3 pct unchanged
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , from HICP of 4.2 pct last year to 2.7 pct in 2024 and drop further to 2 pct in 2025.

    5%

  7. Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower

    EconomyMacroeconomy

    The contraction in Greece’s industrial turnover accelerated in December, dropping sharply by 7.2 percent year-on-year (YoY) from a 2.5 percent decrease in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. This is the ninth successive annual drop

    5%

  8. Building activity slows in Nov as permits contract by 1.2 pct YoY

    EconomyMacroeconomy

    , with the biggest rise noted in Crete with 20.3 percent, and the largest drop in Western Macedonia with 45.5

    5%

  9. Newsletter 414 - 01/03/2024

    Newsletters

    outlier compared to the rest of Europe. The ministry expects prices of formula milk to drop by as much

    5%

  10. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP had marginal gains in Q4, rising by 0.2 percent quarter-on-quarter (QoQ), from a 0.1 percent drop in Q3, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Thursday. The Greek economy has been growing continuously QoQ now since Q2

    5%