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  1. Trade deficit continues to shrink in Aug despite exports losing momentum
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in August, after a decline of 21 percent in July, according to data released by ELSTAT on Friday. The deficit came to 2.75 billion euros for August. Imports totalled 6.38 billion euros, dropping by 17.8 percent YoY. Exports

    5%
  2. Building activity resilient, permits higher by 11.1 pct up to July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece with 28 percent, and the largest drop in Peloponnese with 1214 percent. The other region

    5%
  3. Economic sentiment continues slide in Oct, consumer confidence low

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued its slide with a drop of 1.3 points to 106.4, after a decline of 3.3 points in September, according to European Commission figures released on Monday. Sentiment had been improving since October last year, however it has now recorded back-to-back declines

    5%
  4. Government officials escalate attack on watchdogs, as spyware report touches on PM's office
    Photo by MacroPolis

    PoliticsGreek Politics

    government officials to drop the investigation into potential links between EYP’s surveillance programme

    5%
  5. NBG's NII rises by 73 pct to 1.64 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    to just 1.9 billion euros, with 6.2 billion euros drop from the end of last year. Eurosystem funding

    5%
  6. Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 25.9 percent year-on-year (YoY) in September, after a decline of 7 percent in August, according to data released by ELSTAT on Tuesday. The deficit came to 2.68 billion euros for September. Imports totalled 6.9 billion euros, dropping by 17.6 percent YoY

    5%
  7. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    intervention on the revenue front is the drop in the solidarity levy for public sector wages, costed

    5%
  8. Fitch rating upgrade seals Greece re-establishing itself as investment grade material
    Photo by MacroPolis

    Economy

    and maintain the investment grade. Fitch notes that the drop by 65 basis points of the debt ratio from 205

    5%
  9. Trade deficit narrows by 32 pct in Oct, but exports contract
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 32 percent year-on-year (YoY) in October, after a decline of 25.9 percent in September, according to data released by ELSTAT on Friday. The deficit came to 2.79 billion euros for October. Imports totalled 7.21 billion euros, dropping by 19.4 percent YoY

    5%
  10. Solid Nov for car sales, which are up by 15.2 pct in 11M
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year change was a drop of 6.3 percent. Car sales in November came to 18,791 compared to 15,254 in 2022

    5%