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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyperformance of the previous year’s income taxes collected in instalments until the end of February 2024
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Credit expansion reaches just 66 mln of inflows in May
EconomyMacroeconomyThe credit expansion in the Greek private sector was little changed in May, rising by 4.8 percent year-on-year (YoY), from 4.5 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by just 66 million euros after a negative
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Newsletter 429 - 28/06/2024
sentiment in June to 110.6 points, from 111 points in the previous month. Consumer confidence moved up
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Producer prices down by 1.4 pct YoY in May, headed by energy
EconomyMacroeconomy(MoM), the index dropped by 2.9 percent, after falling by 1.7 percent in the previous month. Over
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Manufacturing continues to improve, but June PMI weakest of year
EconomyMacroeconomymanufacturers to raise selling prices, though at a slower rate than previous months as firms
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Unemployment rate almost unchanged at 10.6 pct in May
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed virtually unchanged in May, landing at 10.6 percent, from 10.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday. In May last year, the unemployment rate was 11.2 percent. Despite stabilising
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomyis the highest since the records began in 2001, beating the previous high of May 2017. Total hirings
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NATO summit also gives PM chance to address issues with neighbours
PoliticsForeign PolicyGreek Politicsveto following the Prespes Agreement signed and ratified by the previous government. We have made
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Newsletter 431 - 12/07/2024
in the previous month. The average CPI over the 12-month rolling period was 2.8 pct, while month
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Economysurplus of 2.5 pct of GDP up to 2027, beating the previous 2.1 pct of GDP outlook. This leads to modest
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