Search
-
Energy continues to drive import price drop as June records 4.7 pct YoY fall
EconomyMacroeconomyGreece’s import price index remained in contraction in June, with a drop of 4.7 percent year-on-year (YoY), after a 4.2 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The index has now been in contraction for five
2% -
PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicscould be slightly bigger. As Naftemporiki points out, when the final fiscal and macroeconomic data
2% -
Significantly contained spending pushes July primary surplus 4.36 bln above target
EconomyMacroeconomyThe budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 4.36 billion euros above the target. Expenditure, excluding interest payments
2% -
PM gives ESY clean bill of health, prompting opposition backlash
PoliticsGreek Politicsby the government. Key indicators Official Eurostat and OECD data underscore this political clash. Public
2% -
Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed. In June 2024, the balance showed a surplus of 265.7 million euros. The Bank of Greece notes that this is due
2% -
Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday. The June balance was 6.9 percent higher than the 2.79 billion euros recorded in June 2024. Receipts for the month were
2% -
Government lines up crackdown on NGOs as next piece in harsher migration policy
PoliticsGreek Politics. Citing official data, Tsipras notes that between 2015 and 2019, incomes for the poorest 10 percent rose
2% -
Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.94 billion euros up to July, compared to a surplus of 5.67 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the period, the budget primary balance
2% -
Government tries to polish economic image as it prepares for big gamble on relief measures
PoliticsGreek Politicsfierce manner to the social democrats’ criticism of the latest primary surplus data, which they argue
2% -
Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyBuilding activity showed signs of recovery in May with a rise of 31.6 percent year-on-year, after a drop of 17.3 percent YoY seen in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached 2,717, from 2,065
2%