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  1. Car sales rise by 2.4 pct in 2024 as market slows down
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time were virtually unchanged in December, dropping by 0.2 percent year-on-year (YoY), after an increase of 1 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In December 2023, licences had

    2%

  2. Newsletter 447 - 17/01/2025

    Newsletters

    of offers in a similar issuance in January a year ago. The qualitative data of the transaction is also

    2%

  3. Budget reaches 8.63 bln primary surplus in 2024 thanks to tax outperformance and underspend
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance closed the year with a surplus of 8.63 billion euros up to December, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. For the full year, the primary balance came in 3.99 billion euros above the target. The ministry notes

    2%

  4. Current account deficit widens to 3.15 bln in Nov, at 11.52 bln in 11M

    EconomyMacroeconomy

    Greece’s current account remained in deficit in November, widening to 3.15 billion, from 383.2 million euros in October, Bank of Greece (BoG) data showed on Monday. In November 2023, the balance showed a deficit of 3.18 billion euros. The Bank of Greece notes that this is mainly due

    2%

  5. Despite lower spend per trip, record arrivals push travel balance to 18.77 bln in 11M
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 419.9 million euros in November, compared to 1.94 billion euros in October, according to data released by the Bank of Greece (BoG) on Tuesday. The November balance was 82.7 percent higher than the 229.9 million euros recorded in November 2023

    2%

  6. Building activity resumes growth in Oct, permits up 15.8 pct in 10M
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity resumed growth in October, with an increase of 5.9 percent year-on-year (YoY), after a marginal drop of 0.9 percent in September, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday. The total number of permits issued in October reached 2,640

    2%

  7. Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in December, although it moderated further to 0.8 percent year-on-year (YoY), after a decline of 1.2 percent in November, ELSTAT data showed on Thursday. July this year provided the first positive reading since February 2023, producer

    2%

  8. Newsletter 449 - 31/01/2025

    Newsletters

    data for 2024. Based on this confirmation, The finance ministry plans to determine the fiscal space

    2%

  9. Several obstacles on narrow fiscal path to new tax cuts
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    . At the end of April, ELSTAT and the European Commission are to publish the final fiscal data for 2024

    2%

  10. Hiring balance turns negative in Dec, 2024 balance down by 46,300 jobs
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance ended 2024 with a negative balance, as there were 14,218 more departures than hires in December, according to data from the Labour Ministry’s Ergani information system. The hiring balance in December last year was positive by 18,496 more hires, leading to a year-on-year

    2%