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  1. Industrial turnover continues on recovery path with 25.2 pct rise in June
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 25.2 percent year-on-year (YoY), from 22.4 in June, data from the Hellenic Statistical Authority released on Monday showed. This is the latest in a series of impressive readings that mark the rebound from the depressed levels of the first lockdown in 2020

    2%

  2. Current account turns surplus in July as travel steps up
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) surplus of 538.1 million euros in July, from a deficit of 1.34 billion euros in June, Bank of Greece (BoG) data showed on Monday. In July 2020, the balance showed a deficit of 797.3 million euros, marking a significant annual reversal by roughly 1.4 billion

    2%

  3. July travel surplus of 2.14 bln affirms comeback for tourism sector

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 2.14 billion euros in July, from 610.2 million a year ago, when the tourism sector made the first tentative steps after the pandemic outbreak, according to Bank of Greece (BoG) data released on Tuesday. Despite the impressive annual recovery, the balance

    2%

  4. Banks moving at pace on road to recovery

    EconomyBanking

    The momentum of positive developments in the Greek banking sector is growing as systemic lenders appear to be leaving behind them, with gradual but steady steps, the legacy issues of the decade-long debt crisis that damaged their balance sheets. In the latest official data on bad loans on the banks

    2%

  5. Rival economic plans leave voters unimpressed amid uncertainty over new Covid surge
    Photo by MacroPolis

    PoliticsGreek Politics

    coverage levels. According to ECDC data, just under 59 pct of the total population has received

    2%

  6. August sees first negative hirings balance of year
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance in August turned negative as there were 9,875 more departures than hirings, from a positive balance of 24,395 in July, according to data from the Labour Ministry’s Ergani information system. The balance in August last year was positive by 4,342. There was a deterioration

    2%

  7. Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set

    2%

  8. Retail sales jump 13.3 pct in Jul to extend growth period to four months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales growth accelerated in July, rising by 13.3 percent year-on-year (YoY), from an upwards revised 12.2 percent in June, Hellenic Statistical Authority data showed on Thursday. Retail sales have been growing continuously since April, after dropping in 12 of the previous 13 months

    2%

  9. Beyond conspiracy theories: How mismanagement shaped vaccination in Albania
    Photo via https://flic.kr/p/ZbCJGu

    Agora

    trickier to gauge the situation on the ground given the lack of hard data on Albanians’ attitude towards

    2%

  10. Industrial production up 10.1 pct in Aug, marking 10-month recovery
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 10.1 percent year-on-year (YoY) in August, following an increase of 7.8 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday. IPI has been on the mend since November last year, with the most notable rise of 22.6 percent

    2%