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  1. Clarity over fiscal space clears way for next set of relief measures

    EconomyMacroeconomy

    of the budget execution from the first half of the year and enough macro data for the year

    2%

  2. Newsletter 466 - 13/06/2025

    Newsletters

    be that figure?EconomyLatest GDP data provides distinctly mixed pictureELSTAT published the latest figures

    2%

  3. Energy a main factor in decline of April import prices by 6.3 pct YoY
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for eight

    2%

  4. Revenues continue beating targets in May, tight rein on spending remains
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 4.3 billion euros above the target. Expenditure, excluding interest payments and the public

    2%

  5. Car registrations rise by 13.5 pct YoY in May to highest since 2010

    EconomyMacroeconomy

    Vehicles going into circulation for the first time rose by 16.3 percent year-on-year (YoY) in May, after an decrease of 2.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. In May 2024, licences had dropped by 0.8 percent annually. Car sales in May

    2%

  6. Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 2.11 billion euros in April, from a deficit of 3 billion euros in March, Bank of Greece (BoG) data released on Friday showed. In April 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due

    2%

  7. Solid April for travel receipts, improving balance by 3.5 pct YoY in 4M
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 778.6 million euros in April, compared to 220.9 million euros in March, according to data released by the Bank of Greece (BoG) on Monday. The April balance was 16.9 percent higher than the 66 million euros recorded in April 2024. Receipts for the month

    2%

  8. Strong income tax revenues and contained spending maintain budget outperformance in May

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. In the period, the budget primary balance

    2%

  9. Newsletter 468 - 27/06/2025

    Newsletters

    are also positive as the latest data released this week regarding travel receipts showed that April

    2%

  10. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop of 21.9 percent YoY seen in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in March reached 2,206, from 3,756

    2%