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  1. Corporate taxation, underspend lead to 3 bln primary surplus in March
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of close to 3 billion euros in March, compared to a surplus of 3.08 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In March, the budget primary balance

    31%

  2. Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due

    31%

  3. Disposable income rises in Q2, saving rate stays negative at -3 pct

    EconomyMacroeconomy

    . The household saving rate (defined as gross savings divided by gross disposable income) stood at -3 percent

    31%

  4. Budget primary surplus at 3 bln in Feb as tax performance moderates

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 3 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.04 billion euros above the target. Expenditure, excluding interest payments

    31%

  5. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    straight quarter by 1 billion QoQ to 20.1 billion at the end of September. Overall, NBG’s NPEs have... reflecting lower insurance income. Net interest income (NII) improved by almost 1 percent QoQ to 485 million... percent in Q2, remaining by far the lowest among its domestic peers. The Common Equity Tier 1 (CET1) ratio

    31%

  6. CPI rises for ninth straight month in Sept with 1 pct increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9...’ and services’ indices advanced by 1.1 and 1 percent, respectively. The harmonised index of consumer prices (HICP) also rose by 1 percent in September, up from August’s figure of 0.6 percent. The main driving

    31%

  7. CPI rises by 1 pct in August, staying positive for fifth month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2

    31%

  8. Athens eyes multiple benefits from joining China-backed 17+1 initiative

    PoliticsForeign Policy

    called 16+1 group, becoming the 17th member of the collective. The Dubrovnik meeting last Friday... clearly expressed his intention to join the 16+1 group (11 participant states are EU member states... of what will be called from now on the “17+1 initiative,” a significant step for the summit

    31%

  9. CPI rises by 1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent... percent, from 0.8 percent in the March rolling period. Month-on-month, the CPI in April rose by 1 percent...-on-month, the HICP showed an increase of 1 percent. The overall CPI increase on an annual basis was driven

    31%

  10. Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in December. Construction improved slightly to -58.3, up by 1 point. During 2017, industry

    31%