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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
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Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 17.6 percent in April from an upward revised rate of 18.2 percent in March, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate...
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyCredit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance came to 160.33 billion from 161.24 billion in the previous month. T...
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Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 7.8 percent year-on-year (YoY) in July, slowing down from the 8.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. IPI has been recovering consistently since Nov...
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Retail sales jump 13.3 pct in Jul to extend growth period to four months
EconomyMacroeconomyGreece’s retail sales growth accelerated in July, rising by 13.3 percent year-on-year (YoY), from an upwards revised 12.2 percent in June, Hellenic Statistical Authority data showed on Thursday. Retail sales have been growing continuously since April, a...
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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros, compared to a deficit of 9.06 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released o...
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