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  1. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in January 2020 the current account posted a deficit

    41%

  2. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday. In May 2021, the balance showed a deficit of 1.36 billion euros, while in May 2020 the current account posted a deficit of 911 million euros

    41%

  3. Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2 points to 49.1 in July, according to S&P Global data released on Monday. July’s PMI captured the first decline in operating conditions since February 2021, stopping a nearly year-and-half period of expansion and indicating a downturn of the conditions

    41%

  4. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    percent, capital goods were up by 2 percent, non-durables up by 8.4 percent and durable consumer goods

    41%

  5. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    stood at 26.24 billion euros, beating the target by 2.94 billion euros. Taxes beat the target by 2

    41%

  6. Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    in November 2022. The overall balance is better than the target by 2 billion euros. Revenues Net revenues

    41%

  7. Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
    Photo by MacroPolis

    EconomyBanking

    , unchanged from fiscal year 2022. P&L Net interest income (NII) came to 2 billion euros in 2023, while

    41%

  8. OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    upped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although

    41%

  9. Energy forces import prices upwards again with 2 pct increase YoY in Apr

    EconomyMacroeconomy

    Greece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consecutive negative readings the index resumed

    41%

  10. Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.1 percent YoY. Volumes have decreased annually

    41%