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Industrial turnover drops by 7.5 pct in June
EconomyMacroeconomyGreece’s industrial turnover fell by 7.5 percent year-on-year (YoY) in June following a revised drop of 0.2 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. June’s reading is the fourth negative reading in the year so far. The 12-month trailing index grew
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Government gets back to work with shuttle diplomacy and legislation
PoliticsGreek Politicscuts pledged by New Democracy may be saved for later bills or slated for staged implementation over
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomyGreece’s current account (C/A) balance came to a surplus of 874.4 million in June, improving from a surplus of 300.6 million euros in May according to Bank of Greece (BoG) figures released on Tuesday. In the same period last year, the balance came to a deficit of 8.7 million euros, suggesting
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomyGreece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent. Receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). Travel payments also increased by 25.3
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Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
EconomyMacroeconomyincludes 644 million euros received in May 2019 regarding ANFAs. This inflow had not been projected
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Capital controls to be abolished ahead of schedule
EconomyBankingdue to the restrictions. In May 2017, the Ministry of Finance published a road map for the gradual
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Mitsotakis returns from Berlin with warm words but no encouragement on fiscal front
PoliticsGreek Politicsof past years, and any expectations that may have been cultivated of an openness on the German side
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomypercent in May, Hellenic Statistical Authority (ELSTAT) data showed. The total number of permits came
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Athens seeking Mitsotakis-Erdogan talks as Ankara suggests arbitration for disputes
PoliticsForeign Policywith North Macedonia and he reiterated that the deal may be “nationally damaging” but cannot
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgrammesaid he will not challenge. At Friday’s Eurogroup in Helsinki, Staikouras may provide more clarity
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