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  1. Disposable income rises by 11.3 pct in Q1, saving rate negative for successive quarters

    EconomyMacroeconomy

    Household disposable income increased by a solid 11.3 percent year-on-year (YoY) in Q1 this year, from 10.9 percent in Q4 of 2022, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 35.09 billion euros in Q1, from 31.53 billion euros a year ago

    2%

  2. VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared to a deficit of 3.43 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In the first half of the year, the budget

    2%

  3. Building activity records modest growth in April, up 10 pct in first four months
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded a modest movement in April, rising by 0.9 percent year-on-year (YoY), after rising by 34.2 percent in March, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. February this year saw the first annual decline in permits since July last

    2%

  4. Minister's resignation deflates government after series of missteps
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    so the sensitive data was not visible. Momentum lost Just over a month after being comfortably re

    2%

  5. Producer prices for June increase in most categories aside from energy
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the fourth successive month in June, dropping by 11.7 percent year-on-year (YoY), after falling by 12.9 percent in May, 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%

  6. Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct

    EconomyMacroeconomy

    Greece’s retail sales stayed positive in May, after the first negative reading in March since 2021, with a rise of 7.2 percent, year-on-year (YoY), from 1.7 percent rise in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index dropped by 0.4 percent

    2%

  7. PMI records 6 months of improved manufacturing conditions, but outlook less upbeat
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained in expansion territory in July, rebounding to 53.5 points, from 51.8 points in June, according to S&P Global data released on Tuesday. This was the sixth straight month that the conditions in the Greek manufacturing sector have improved, with July’s growth

    2%

  8. Government offers free holidays, bigger fines and more hirings in evolving fire response
    Photo by MacroPolis

    PoliticsGreek Politics

    by the tourism industry. Airport arrival data for the first six months of the year indicates that 27.4 million

    2%

  9. Waiters and hospitality jobs lead way as hiring balance improves YoY in June
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance in June was positive by 28,761 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year was 19,113 more hires, suggesting an improvement of 9,648 jobs. Total hirings in June came to 357,931

    2%

  10. Government cracks down on sun lounger sprawl as public mood towards tourism sours

    PoliticsGreek Politics

    underwritten by state guarantees and data showing the burgeoning number of building permits issued for some

    2%