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  1. Significant underspend and strong tax revenues push primary surplus to April above 5 bln
    Image: MacroPolis

    EconomyMacroeconomy

    in collecting the current year’s taxes (VAT, excise taxes etc.), and the better performance of the previous year’s income taxes collected in instalments until the end of February 2025. Also... million. Interest payments came to 3.39 billion euros, broadly on target. Last year, interest payments

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  2. Rise in producer prices eases to 0.5 pct YoY, in growth for four straight months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) slowed in April, with a rise of 0.5 percent year-on-year (YoY), after an increase of 2.1 percent in March, ELSTAT data showed on Friday. This is the fourth... growing over a two-year period since March 2021, before it turned negative in March 2023. It peaked

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  3. Trade data captures reflects challenges as exports fall 14.5 pct in Apr
    Photo via https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 6.9 percent year-on-year (YoY) in April, after a sharp rise of 25.3 percent in March, according to data released by ELSTAT on Friday. The deficit came to 2.84... totalled 3.84 billion euros, falling by 14.5 percent. In April last year, the trade deficit was 3.05

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  4. Voters’ belief in progressive parties tested as PASOK and SYRIZA search for answers
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to generate any momentum. Despite settling its leadership issue in the wake of last year’s European... that they cannot entertain another leadership discussion less than a year after the last contest... of the Tempe issue earlier this year and capitalise on the several issues that are causing problems

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  5. CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year (YoY) in May, from 2 percent in the previous month, according to the data released on Monday... below the headline CPI, and in deflation since December last year, food inflation rose by 2.6 percent

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  6. Revenues continue beating targets in May, tight rein on spending remains
    Image: MacroPolis

    EconomyMacroeconomy

    performance in collecting the current year’s taxes (VAT, excise taxes etc.), and the better performance of the previous year’s income taxes collected in instalments until the end of February 2025... million euros. Interest payments came to 3.56 billion euros, broadly on target. Last year, interest

    1%

  7. Union report sums up grim state of wages, policy shortcomings

    EconomyMacroeconomy

    as the basis year and indexing real wages, Greek real wages in 2024 were at 67.2 pct of the 2009 level... there was an improvement year-on-year in 2024. In the same period, wages in Bulgaria have increased by almost 30

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  8. Government shows its concern about Middle East impact, farm subsidy probe
    Photo by MacroPolis

    PoliticsGreek Politics

    in the Middle East will lead to a fall in the number of Israeli visitors to Greece. Last year, more than... of Israeli tourists would rise to 800,000 this year, but it now seems more likely... towards the announcement of this package of measures later this year, it is clear that it is determined

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  9. Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
    Photo via https://flic.kr/p/5Wq2VT

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth... been growing over a two-year period since March 2021, before it turned negative in March 2023

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  10. Trade deficit falls sharply in May, at 13.41 bln in 5M
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s trade deficit dropped sharply by 31.6 percent year-on-year (YoY) in May, after a 6.9 percent drop in April, according to data released by ELSTAT on Tuesday. The deficit came to 2.29 billion... 4.18 billion euros, falling by 1.3 percent. In May last year, the trade deficit was 3.35 billion

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