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  1. Travel receipts maintain momentum in May with 17.7 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 1.88 billion euros in May, compared to 778.6 million euros in April, according to data released by the Bank of Greece (BoG) on Tuesday. The May balance was 15.5 percent higher than the 1.62 billion euros recorded in May 2024. Receipts for the month were

    2%

  2. PM pledges water reform in bid to avert scarcity crisis
    Photo via www.eydap.gr

    PoliticsGreek Politics

    to leaks and theft, almost double the EU average of 23 pct. According to July 23 data from Athens water

    2%

  3. Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.52 billion euros up to June, compared to a surplus of 2.91 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday. In the period, the budget primary balance

    2%

  4. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity continued its slide in April with a drop of 17.3 percent year-on-year, after the collapse of 41.3 percent YoY seen in March, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in April reached 2,334, from 2,823

    2%

  5. Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was positive in June with 15,668 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year had 23,961 more hires. This led to a year-on-year drop of 8,293 jobs, although it should be noted

    2%

  6. Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) continued growing in June, with a rise of 1.6 percent year-on-year (YoY), after an increase of 2 percent in May, ELSTAT data showed on Wednesday. This is the sixth consecutive positive reading after a period of contraction that started in March 2023. The index

    2%

  7. PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on

    PoliticsGreek Politics

    , an overhaul of consumer protection legislation and the digitisation of company data. The previous day

    2%

  8. Government's foreign policy under scrutiny again following actions by Egypt and Turkey
    Photo by Naval Group

    PoliticsGreek Politics

    of regional data routes. Yet Turkey’s intervention raises questions about the project’s future viability

    2%

  9. CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) accelerated further in July with a rise of 3.1 percent year-on-year (YoY), from 2.8 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was stable

    2%

  10. Car market still buoyant as sales rise by 2.8 pct YoY in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Vehicles going into circulation for the first time rose by 2.8 percent year-on-year (YoY) in July, after an increase of 13.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In July 2024, licences had increased by 13.8 percent annually. Car sales

    2%