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  1. Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
    Finance Ministry

    EconomyMacroeconomy

    deficit in August 2021. The overall balance is better than the target by 5.88 billion euros. Revenues Net... million. PIB expenditure came to 4.94 billion euros, higher than the target by 783 million euros

    3%

  2. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance moved into deep negative territory in August as there were 32,966 more departures than hires, according to data from the Labour Ministry’s Ergani information system. In July there were 2,999 more hires than departures, while there was a significant acceleration

    3%

  3. Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    previously was expected at 3.5 pct in April’s WEO, and lower than the 2.6 pct growth forecast... account deficits that started building up in 2020 when it more than tripled to 7.3 pct of GDP

    3%

  4. PM mulls more assistance with energy costs through winter
    Image: https://www.flickr.com/photos/151653494@N04/

    PoliticsGreek Politics

    to its tactic of providing households with subsidies rather than tackling the cost of energy by lowering... cash to citizens rather than bringing the cost down via other interventions is a tactic that is more

    3%

  5. Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in September 2021. The overall balance is better than the target by 5.84 billion euros. Revenues Net.... PIB expenditure came to 5.57 billion euros, higher than the target by 669 million euros. Overall

    3%

  6. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance turned positive in September with 26,238 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In August, the balance was negative with 32,966 more departures than hires, while there was an improvement by 6,511 more jobs

    3%

  7. Travel surplus at 11.46 bln for 8M, beating 2019 record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 3.83 billion euros in August, from a 3.52-billion-euro surplus in July, according to Bank of Greece (BoG) data released on Monday. August’s balance was significantly higher than the 3.02 billion euros registered in August 2021. It was also higher than

    3%

  8. In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
    Photo by MacroPolis

    EconomyMacroeconomy

    the new informal target of issuing less than 10 billion euros of new debt, from the initial target of 12... to see out the year with a cash buffer of more than 30 billion euros.

    3%

  9. Government initiative on supermarket prices reignites cost-of-living row

    PoliticsGreek Politics

    The latest government response to the cost-of-living crisis has been met with scepticism by opposition parties, as evidence suggests Greeks are paying more for basic goods than their European peers... in Greece is more expensive than in countries with higher wages. GSEE and other unions have announced

    3%

  10. SYRIZA tries to pin Mitsotakis down over phonetapping
    Photo via www.syriza.gr

    PoliticsGreek Politics

    published a list of more than 30 public figures who were allegedly targeted by the Predator spyware... in popularity than has been evident so for. Evidence Tsipras also accused the conservatives of adopting

    3%