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  1. Growth of property prices picks up pace in Q1 with 14.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece remained on a strong trajectory in Q1 2023, increasing by 14.5 percent year-on-year (YoY) from an upwards revised 13.5 percent in Q4 2022, Bank of Greece (BoG) data released on Monday showed. The latest figure surpassed last month’s highest

    2%

  2. Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit in April narrowed to 1.78 billion euros, from 2.4 billion euros in March, Bank of Greece (BoG) data showed on Tuesday. In April 2022, the balance showed a deficit of 1.66 billion euros, while in April 2021 the current account posted a deficit of 2.1 billion euros

    2%

  3. Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 498.2 million euros in April, from 100.2 million euros in March, according to Bank of Greece (BoG) data released on Wednesday. April’s balance was roughly 16 percent higher than the 429.2 million euros registered in April 2022. The balance in April 2021

    2%

  4. Bond re-opening with 4 pct yield completes debt strategy for year

    Economy

    in the budget execution data where interest payments came to 3.42 billion euros, above target by 374

    2%

  5. VAT, income taxes help push May budget primary balance above target by more than 3 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the first five months of the year, the budget

    2%

  6. Building activity jumps by 34.2 pct in Mar, Q1 permits up 13.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded a solid rebound in March, rising by 34.2 percent year-on-year (YoY), following a contraction of 15.2 percent in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. Last month was the first negative reading since July 2022

    2%

  7. Tsipras resigns, paves way for leadership contest at SYRIZA as left looks to regroup
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    powerhouse. Exit poll data suggests that PASOK is still performing more strongly among older and rural

    2%

  8. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales turned positive in April after the first negative reading since 2021, with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index dropped by 5.2

    2%

  9. Producer Price Index contracts for third consecutive month, down 12.9 pct in May
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the third consecutive month in May, falling by 12.9 percent year-on-year (YoY), from a 13.3 percent contraction in April, 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%

  10. Where are the Conservatives?
    Image: https://twitter.com/kmitsotakis

    Agora

    comparative analysis. We use data in other European governments that define the “cabinet” (or “council

    2%