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Disposable income rises in Q2, saving rate stays negative at -3 pct
EconomyMacroeconomyHousehold disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The absolute figure was 41.93 billion euros in Q2, from 38.78 billion euros a year ago. A rise of 3.3 percent was noted
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomy. Yet data presented by Kathimerini last week suggests the RRF functions as something of an exclusive
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Budget continues to outperform in Nov as taxes beat target by 334 mln
EconomyMacroeconomyThe budget primary balance produced a surplus of 12.65 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. The primary balance came in at 4.95 billion euros above the target. Expenditure, excluding interest payments
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Current account deficit still improving in Oct due to trade balance for services, goods
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.09 billion euros in October, from 408.8 million euros in September, Bank of Greece (BoG) data released on Monday showed. In October 2024, the balance showed a deficit of 638.6 million euros. The Bank of Greece notes that this is primarily due
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Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. The October balance was 8.7 percent higher than the 1.84 billion euros recorded in October 2024. Receipts
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Building permits maintain recovery, up 12.5 pct YoY in Sep
EconomyMacroeconomyBuilding activity continued its recovery in September, with a rise of 12.5 percent year-on-year, after an increase of 7.8 percent YoY seen in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in September reached 2,549
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Primary surplus confirmed at 12.68 bln in Nov as underspend continues
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 12.68 billion euros up to November, compared to a surplus of 12.01 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Following the 2026 final budget
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Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) had a marginal rise in November, with an increase of 0.1 percent year-on-year (YoY), after a decrease of 1.4 percent in October, ELSTAT data showed on Tuesday. This was the first positive reading after four consecutive drops, and six increases in the first half
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Government fails to break deadlock in dispute with farmers as SYRIZA loses MEP
PoliticsGreek Politicson poll data suggesting that the majority of the public are sympathetic to their demands. Opposition
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CPI accelerates to 2.6 pct YoY in Dec, food prices rise by 3.6 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December with a rise of 2.6 percent year-on-year (YoY), from 2.4 percent in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period, which
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