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Newsletter 391 - 01/09/2023
of the total debt stock that amortizes and needs to be refinanced. Absent any severe economic shocks, Greece
3% -
July trade deficit drops by 21 pct, 7-month data points to export struggles
EconomyMacroeconomydeficit decreased by 18.2 percent, bringing the total to 17.35 billion euros. Imports dropped by 9.1
3% -
Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsstrain on public finances, with some estimates putting the total figure as high as 4 billion euros
3% -
Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicsis a drop in the bucket compared to the total package that will be required. By some initial
3% -
Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance
PoliticsGreek Politicswas the high participation in the leadership election. A total of 147,000 votes were cast, meaning that more
3% -
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
EconomyMacroeconomy. On a monthly basis, industrial turnover in the total market increased by 6.2 percent, led
3% -
Positive sentiment around banks continues to grow
EconomyBankingstrong profitability in 2022, when total income was 3.8 billion euros for the four systemic banks
3% -
Travel balance to July soars by 19 pct, reaching almost 9 bln
EconomyMacroeconomyeurozone receipts were 4.55 billion euros. Non-EU intakes were 4.4 billion euros. In total, arrivals
3% -
Mixed picture for deposits continues in Aug with rise of just 190 mln
EconomyMacroeconomyeuros. Total deposits, which also include the general government, increased by 408 million euros
3% -
Building activity continues to grow, rising by 13 pct YoY in Jun
EconomyMacroeconomyannual decline since July last year. The total number of permits issued in June reached 2,461, from
3%