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Newsletter 347 - 22/07/2022
. This is a slowdown from the figure of almost 100,000 seen in May and much lower even than the pre-pandemic
4% -
Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomy. Most notably, May’s balance is Just 10.8 percent lower than the 1.34 billion euros recorded in May
4% -
Final budget execution for June affirms solid revenues, driven by VAT and income tax
EconomyMacroeconomyan extraordinary grant of 200 million euros to OAED to compensate for lower revenues and 150 million
4% -
Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
EconomyMacroeconomyeven lower than August last year, when the indicator stood at 113.3 points. The index hit its most
4% -
Building permits turn negative for first time in more than a year, falling by 10 pct in April
EconomyMacroeconomyare up by just 1.3 percent to 7,343. The corresponding surface is lower by 3.2 percent while volume
4% -
Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
EconomyMacroeconomy(OAED) was also subsidised with 400 million euros to cover loss of revenues from workers’ lower
4% -
Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
EconomyMacroeconomyof half a billion of loans by Bank of Greece, lower repos by 1.5 billion and higher bonds by 2.5
4% -
VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomy’ lower insurance contributions. A similar grant to EFKA of 150 million euros due to loss of revenue
4% -
Economic sentiment sees marginal recovery in Aug as most sectors face challenging conditions
EconomyMacroeconomy. Over the rolling 12-month period, the ESI is now even lower than September last year, when
4% -
Subdued start for building activity as permits record back-to-back drop in May
EconomyMacroeconomypercent YoY to 9,563. The corresponding surface is lower by 8.6 percent while volume is up by 1.6
4%