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Car sales record moderate 1.8 pct YoY rise in Nov, up 2.9 pct this year
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 1 percent year-on-year (YoY) in November, after an increase of 2.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In November 2023, licences had grown by 24.3 percent annually
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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
EconomyMacroeconomyGreece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive
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Budget rolls on with solid primary surplus of 12 bln in Nov
EconomyMacroeconomyThe budget primary balance recorded a surplus of 12.01 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During the eleven months of the year, the primary balance came in 2.1 billion euros above the target
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Current account deficit at 8 bln after 10M as goods deficit widens
EconomyMacroeconomyGreece’s current account remained in deficit in October, widening to 383.2 million, from 316.5 million euros in September, Bank of Greece (BoG) data showed on Friday. In October 2023, the balance showed a deficit of 1.21 billion euros. The Bank of Greece notes that this is mainly due
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Mitsotakis looks ahead to tax tweaks for middle class, welcomes back errant MP
PoliticsGreek Politics. Based on data from tax returns, the income distribution in Greece shows that out of 8.8 million
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PM weighs up options over pick for president ahead of January decision
PoliticsGreek Politicsand methodical way of passing laws. According to data from the Centre for Liberal Studies (KEFIM), out of 11
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Solid Oct for travel receipts takes 10M figure to new record of 20.94 bln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.94 billion euros in October, compared to 3.58 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. October balance was 18.6 percent higher than the 1.64 billion euros recorded in October 2023. In October 2022
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Despite marginal drop in Sep, building permits up by 17.1 pct over 9M
EconomyMacroeconomyBuilding activity experienced a marginal decline in September, with a decrease of 0.9 percent year-on-year (YoY), after a rise of 10.5 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in September reached
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Government pledges more reforms, but economy set to prove deciding factor in 2025
PoliticsGreek Politicsbetween profits and wages. It points out that, according to the latest data, the government has some
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Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in November, although it moderated to 1.2 percent year-on-year (YoY), after a decline of 2.3 percent in October, ELSTAT data showed on Monday. July this year provided the first positive reading since February 2023, producer prices have
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