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  1. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...

    27%
  2. Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...

    27%
  3. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...

    27%
  4. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    in July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... security sector which contracted 8.8 percent, while salaries and pensions remained almost flat year... attributed to the exceptionally strong revenues of 2.2 billion posted in the corresponding month last year

    26%
  5. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    ). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September... in 2017. The 2017 draft budget foresees HICP to remain flat in 2016 and increase by 0.6 percent next

    26%
  6. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    remained flat in Q3. In Q2 it recorded 1 percent growth year on year. General government consumption increased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... since the summer. They pointed to a growth rate of 2.2 percent. Last week, the OECD issued its economic

    26%
  7. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent decline in expenditure by the general government. Gross capital formation declined by 2.2... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following... remained flat. Compared to the same period last year, gross capital formation grew by 1.7 percent after

    26%
  8. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... since early March, totalling 2.2 billion since the start of the year. Funding costs (i.e. interest... and rose to 2.2 billion in the year to date, which is in line with the bank’s new loan origination target

    26%
  9. Newsletter 451 - 14/02/2025

    Newsletters

    on board the first three flat cars, which were carrying sheet metal. There has been speculation, based... countries. With the latest data up to November last year, Greek exports to the US were just under 2.2... by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total exports fell below 50 billion

    26%
  10. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

    25%