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  1. Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    August 2021. The prices index was in deflation for the 12 months prior to May 2021, when CPI posted

    2%

  2. Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
    Finance Ministry

    EconomyMacroeconomy

    , as well as the collection of the first three installments of ENFIA property tax in the months of May, June

    2%

  3. Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
    Photo by MacroPolis

    EconomyMacroeconomy

    repaid fully the outstanding balance to the IMF in early May. Other debt movements include a drop

    2%

  4. Tourism shrinks June current account deficit, but goods deficit shoots up in H1
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 722.9 million euros in June, from a 2-billion-euro deficit in May, Bank of Greece (BoG) data showed on Friday. In June 2021, the balance showed a deficit of 1.31 billion euros, while in June 2020 the current account posted a deficit of 1.41 billion

    2%

  5. Travel balance of 4.19 bln in H1 beats 2019 as tourism sector leaves pandemic behind
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.42 billion euros in June, from 1.19 billion euros in May, according to Bank of Greece (BoG) data released on Monday. June’s balance was significantly higher than the 705.5 million euros registered in June 2021. It was also higher than the 38.5 million

    2%

  6. Podcast - How is the Ukraine war affecting Greece?

    Agora

    by the fallout from the conflict in Ukraine and how things may play out in the months ahead

    2%

  7. VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    , as well as the collection of the first three instalments of ENFIA in the months of May, June and July

    2%

  8. Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching

    2%

  9. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The latest European Commission forecasts, published in mid-May, see GDP slowing to 3.5 pct, from 4.9

    2%

  10. Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    rate in May 2008. Year-on-year, the number of employed people increased by 133,094 in July, with total

    2%