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  1. Newsletter 462 - 16/05/2025

    Newsletters

    lenders, known at the time as the troika. The latest data from the General Accounting Office published

    2%

  2. Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due

    2%

  3. Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 220.9 million euros in March, compared to 90 million euros in February, according to data released by the Bank of Greece (BoG) on Thursday. The March balance was 5.6 percent lower than the 233.9 million euros recorded in March 2024. Receipts

    2%

  4. Solid taxes and restrained spending push primary surplus to 5.15 bln by Apr

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.15 billion euros by April, compared to a surplus of 3.28 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%

  5. Building activity records another sharp drop of 21.9 pct YoY in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity recorded another sharp drop at the start of 2025 with a decrease of 21.9 percent year-on-year (YoY) in February, after a drop of 17 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued

    2%

  6. Newsletter 464 - 30/05/2025

    Newsletters

    in the latest CPI data. The government understands that supply cannot be easily addressed and therefore

    2%

  7. Rise in producer prices eases to 0.5 pct YoY, in growth for four straight months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) slowed in April, with a rise of 0.5 percent year-on-year (YoY), after an increase of 2.1 percent in March, ELSTAT data showed on Friday. This is the fourth consecutive positive reading after a period of contraction that started in March 2023. The index had been

    2%

  8. PMI unchanged in May as signs of tariff effects, weak EU demand start to show
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    Greece’s Manufacturing PMI was unchanged in May at 53.2 points, according to S&P Global data released on Monday. The manufacturing sector continued to expand in May, extending the growth trend that began in February 2023. The overall improvement in the sector’s health was solid and historically

    2%

  9. Growth in property prices stable at 6.8 pct YoY in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth

    2%

  10. Finance Ministry seeks solutions to address growing housing problem

    Economy

    pace annually even in the latest CPI data. More measures The government understands that supply

    2%