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  1. Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep

    EconomyMacroeconomy

    . The total budget balance by September showed a surplus of 2.4 billion euros, from a 1.57 billion euros

    2%

  2. Despite recovery in previous three months, building permits down 9.9 pct YoY to July
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity growth was solid in July, with a rise of 12.2 percent year-on-year, after an increase of 6.1 percent YoY seen in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in July reached 3,144, from 2,792 in July

    2%

  3. Corporate deposits propel savings increase to 208 bln in Sep
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    deposits increased by 2.74 billion euros. Total deposits, which also include the general government

    2%

  4. Trade deficit narrows by 13.6 pct YoY in Sep on back of oil effects

    EconomyMacroeconomy

    deficit decreased by 3.3 percent, bringing the total to 24.41 billion euros. Imports dropped by 4.1

    2%

  5. Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
    Image: Alpha Bank

    EconomyBanking

    15.5 percent a year ago. The bank’s Total Capital Ratio is 21 percent. The bank plans to distribute

    2%

  6. New Democracy losing grip on regions as farmers’ protests highlight rural frustration
    Photo via PPC https://flic.kr/p/9qi65R

    PoliticsGreek Politics

    of losing 4 out the total 13 electoral regions to PASOK, as support for the ruling party plummets

    2%

  7. Budget underspend carries on in Oct as taxes continue to outperform

    EconomyMacroeconomy

    . The total budget balance up to October showed a surplus of 3.09 billion euros, from a 6.12 billion euros

    2%

  8. Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . On a monthly basis, industrial turnover in the total market increased by 24.1 percent, led by rises of 24.1

    2%

  9. Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Receipts from non-EU countries were 8.17 billion euros. In total, arrivals rose by 4 percent to 31.6

    2%

  10. Oct budget execution data affirms strong revenue performance

    EconomyMacroeconomy

    to 44.3 billion euros. Net revenues were 60.92 billion euros. The total budget balance by October

    2%