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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyGreece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. Janua...
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed. The growth i...
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Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 26.3 million euros in January, from 71 million euros in December, according to Bank of Greece (BoG) data released on Tuesday. January’s balance was 40.2 percent lower from the 44 million euros registered in ...
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Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
EconomyMacroeconomyThe budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday. In January, the primary balance outperformed...
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Jan primary surplus at 1.98 bln thanks to strong tax revenues and underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.98 billion euros in January, compared to a surplus of 2.28 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesda...
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
EconomyBudget (PIB) expenses. As a result, a Jan-Oct primary surplus of 1.09 billion and a budget deficit... in October, remaining well above the 4-billion mark for a fourth consecutive month, with the Jan-Oct figure... resuming a negative trend (-18.0 percent in October after a strong 26.2 percent rise in September) also
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Newsletter 155 -16/03/2018
a strong influence. Speaking in the USA, New Democracy leader Kyriakos Mitsotakis referred to the need... percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising... pct in Jan Headline figure is the first negative reading for January since 2014 Greece’s Industrial
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Newsletter 196 -01/03/2019
index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases... fell by 39 million, deepening from the decline of 12 million seen in December. Jan deposits down... compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures showed this week
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Newsletter 18 - 06/03/2015
billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion... role across the board. Varoufakis also caused raised eyebrows when he said he was against the pay... and that he opposes the granting of pay rises at this stage. The difference of opinion over the PPC
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek Politicsfor KINAL to engage in a post-election discussion with SYRIZA about uniting the centre-left. However
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