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  1. Growth in vehicle registrations slows in May, up 7.7 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    (YoY) in May, after a strong 36.3 percent jump in April, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In May 2023, licences had grown by 5.6 percent annually. Car sales in May came to 22,959 compared to 22,877 in 2023, an increase of just 0.4 percent. Passenger cars

    7%
  2. Corporations lead way as deposits rise by 303 mln in May
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system slowed in May with a rise of 303... released on Thursday. The annual growth in May was 2.5 percent year on year (YoY), from 2.8 percent in the preceding month. The outstanding balance of private sector deposits in May stood at 190.91

    7%
  3. Building activity's upward course halts in May with 19.6 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    The strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent... by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached 2,065, from 2,570 in May 2023. The corresponding surface area decreased by 6.7 percent YoY, while

    7%
  4. Consumer confidence rises sharply by 4 points in May, other components drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) was broadly stable in May at 107 points, from 107.4... period, May’s ESI is down roughly 3 points from June 2024. The average ESI in the EU stood at 95.2 points in May, from 94.6 in the previous month. The euro area’s ESI was 94.8 points, from 93.8 points

    7%
  5. 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.... The total budget balance by May showed a surplus of 1.88 billion euros, from a 535-million-euro deficit..., 1.13 billion euros above the target. Expenditure By May, overall expenditure stood at 27.09 billion

    7%
  6. Deposits resume rise in May, reaching 199.61 bln

    EconomyMacroeconomy

    Greek banking system’s private sector deposits grew in May, with a net increase of 1.22 billion... released on Monday. The annual growth in May was 4.7 percent year on year (YoY), from 4.2 percent in the preceding month. The outstanding balance of private sector deposits in May stood at 199.61 billion

    7%
  7. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked... since orthodox Easter last year fell on May 5th, compared to April this year, leading to stronger sales this year during April. Compared to May 2024, automotive fuel was down by 18.6 percent, non-food

    7%
  8. Economic sentiment and consumer confidence recover some ground in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved in May, with the index at 107.5 points, from 105.8... 12-month period, May’s ESI was roughly two points above June 2025. The average ESI in the EU stood at 93.7 points in May, from 93.4 in the previous month. The euro area’s ESI was also slightly up

    7%
  9. Corporations at forefront of 5.53 bln deposit inflow in May
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    Private sector deposits rose sharply in May, with a net inflow of 5.53 billion euros, after a minor... on Monday. The annual growth in May was 7.8 percent year on year (YoY), from 5.8 percent... programme in May 2010. Before the debt crisis, at the end of 2009, the Greek economy had 237.53

    7%
  10. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    as a whole. The private sector on its own may also have in the pipeline some projects that come... aggregate demand models, how much Greece may spend in 2024, relative to 2023. They generally... of remaining spare resources may not be as high as those that have already been hired (SMEs report a scarcity

    7%