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Revenues continue beating targets in May, tight rein on spending remains
EconomyMacroeconomyThe budget primary balance ran a surplus of 5.35 billion euros up tp May, according... balance up to May showed a surplus of 1.88 billion euros, from a 535 million euros deficit up to May...-March. Tax refunds came to 3.82 billion euros, above target by 1.13 billion euros. Expenditure By May
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Trade deficit falls sharply in May, at 13.41 bln in 5M
EconomyMacroeconomyGreece’s trade deficit dropped sharply by 31.6 percent year-on-year (YoY) in May, after a 6.9... euros for May. Imports totalled 6.47 billion euros, dropping by 14.7 percent YoY. Exports totalled 4.18 billion euros, falling by 1.3 percent. In May last year, the trade deficit was 3.35 billion
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CPI at 5.2% YoY in May as impact of Iran war spreads
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) growth was broadly stable in May with a rise of 5.2 percent...), the CPI was unchanged, from 1.5 percent in the previous month. In May 2025, the CPI was up by 2.5 percent.... The harmonised index of consumer prices (HICP) increased by 4.9 percent annually in May. Month
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Budget continues to perform strongly with 3.64 bln surplus up to May
EconomyMacroeconomyThe budget primary balance landed at a surplus of 3.64 billion euros up to May, according... budget balance up to May showed a surplus of 91 million euros, from a 1.88 billion euros surplus in May 2024. The overall balance is better than the target by 2.27 billion euros. Revenues At 30.2
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Car sales remain strong, rising by 3.3% YoY up to May
EconomyMacroeconomyVehicles going into circulation for the first time had gains of 4 percent year-on-year (YoY) in May...) data released on Tuesday. In May 2025, licences had jumped by 16.3 percent annually. Car sales in May came to 26,897 compared to 26,051 in 2025, a rise of 3.2 percent. Motorcycle licences were up
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
EconomyMacroeconomyGreece’s trade deficit continued its sharp decline in May with a 15.7 percent year-on-year (YoY.... The deficit came to 1.96 billion euros for May. Imports totalled 7.04 billion euros, up by 7.8 percent YoY. Exports totalled 5.07 billion euros, rising sharply by 20.9 percent. In May last year, the trade
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Newsletter 73 - 13/05/2016
MPs approve reform package Another bill with remaining prior actions expected before May 24... crucial Eurogroup is on Tuesday May 24, with European economics commissioner Pierre Moscovici expressing... coming from Monday’s Eurogroup in Brussels also bolstered the feeling that the government may have
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once...” transformation. Government officials believe that the present model of government has been successful... quarter. Primary cash deficit at 5.35 bln in May Figure driven by a drop in revenues and a rise
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Newsletter 382 - 26/05/2023
. Although Kyriakos Mitsotakis had been expected to lead his centre-right party to a win on May 21, the gap... but also suggests that centre-left voters who may have backed SYRIZA in the past feel that they can... spectrum may be tempted to back PASOK to help it overtake SYRIZA. Undoubtedly, the size and nature
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Newsletter 514 - 24/07/2026
committee, marking the final step in constructing a fully functional hybrid party model capable... elected under another party will not be accepted into ELAS, while those who resigned entirely may join...’s industrial turnover recorded another solid rise of 14.1 pct year-on-year (YoY) in May, though
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