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  1. Boost for travel balance as arrivals rise by 83.5 pct in first two months of 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 106.8 million euros in February, from 26.3 million euros in January, according to Bank of Greece (BoG) data released on Friday. February’s balance was 94.6 percent higher from the 54 million euros registered in February 2022. Higher than the 5.4 million

    2%
  2. ND quick out of blocks as election race gets underway officially
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    , by the latest poll data to the extent that it shows the sense of anger that was prevalent in the days

    2%
  3. Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared to a deficit of 1.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In the first three months of the year, the budget

    2%
  4. Disposable income rises by 10.9 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    Household disposable income increased by a solid 10.9 percent year-on-year (YoY) in the fourth quarter (Q4) of 2022, from a 10.2 percent rise in the third quarter (Q3), according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 34.94 billion euros in Q4

    2%
  5. Building activity starts 2023 with solid growth of 22 pct for permits
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits started 2023 on a solid footing, thanks to a rise of 22.1 percent year-on-year (YoY) in January, after increasing by 16.1 percent in December, according to the data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total number of permits issued in January

    2%
  6. Hotel and restaurant jobs boost hirings balance in March
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year was 34,373, suggesting an improvement by 27,539 jobs. March also recorded the highest balance

    2%
  7. Newsletter 378 - 28/04/2023

    Newsletters

    agencies. They will have noticed that there was good news on the fiscal front in the first data

    2%
  8. Androulakis keeps coalition options open as polls suggest deadlock likely in first vote
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    opposition leader Alexis Tsipras with the latest data. New Democracy’s manifesto has also been more

    2%
  9. Retail index continues to rise in Mar, but food sales volume stagnant
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year, after a 10.6 percent increase in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index rose by just 2.3 percent annually, as volume strips out

    2%
  10. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the first time since January 2021, turning negative by 10.9 percent year-on-year in March, from 4.7 percent in February, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually

    2%