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  1. Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep

    EconomyMacroeconomy

    . The total budget balance by September showed a surplus of 2.4 billion euros, from a 1.57 billion euros

    2%
  2. Despite recovery in previous three months, building permits down 9.9 pct YoY to July
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity growth was solid in July, with a rise of 12.2 percent year-on-year, after an increase of 6.1 percent YoY seen in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday. The total number of permits issued in July reached 3,144, from 2,792 in July

    2%
  3. Trade deficit narrows by 13.6 pct YoY in Sep on back of oil effects

    EconomyMacroeconomy

    deficit decreased by 3.3 percent, bringing the total to 24.41 billion euros. Imports dropped by 4.1

    2%
  4. Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
    Image: Alpha Bank

    EconomyBanking

    15.5 percent a year ago. The bank’s Total Capital Ratio is 21 percent. The bank plans to distribute

    2%
  5. New Democracy losing grip on regions as farmers’ protests highlight rural frustration
    Photo via PPC https://flic.kr/p/9qi65R

    PoliticsGreek Politics

    of losing 4 out the total 13 electoral regions to PASOK, as support for the ruling party plummets

    2%
  6. Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    pct and 1.3 billion euros of a total 2-billion-euro envelope. The extension is being accompanied

    2%
  7. Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Receipts from non-EU countries were 8.17 billion euros. In total, arrivals rose by 4 percent to 31.6

    2%
  8. Oct budget execution data affirms strong revenue performance

    EconomyMacroeconomy

    to 44.3 billion euros. Net revenues were 60.92 billion euros. The total budget balance by October

    2%
  9. EBRD reports highlights demographic headwinds Greece has to navigate
    Photo by MacroPolis

    Society

    of the countries that recorded negative Total Factor Productivity (TFP) growth. Since TFP growth

    2%
  10. Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity remained in growth in August, with a rise of 7.8 percent year-on-year, after an increase of 12.2 percent YoY seen in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of permits issued in August reached 1,927, from 1,787

    2%