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Newsletter 514 - 24/07/2026
’s industrial turnover recorded another solid rise of 14.1 pct year-on-year (YoY) in May, though... elected under another party will not be accepted into ELAS, while those who resigned entirely may join... account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month
6% -
Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyGreece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget execution bulletin published on Monday. The headline fi...
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyGreece’s budget primary surplus jumped to 7.42 billion euros in the 11-month period of 2016, up by almost 71 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday. The headline fig...
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PMI at 53.9 points in Dec, marking solid end to 2019
EconomyMacroeconomyGreece’s manufacturing PMI edged down to 53.9 points in December from 54.1 points in November, according to the latest data from Markit PMI. Markit noted that this positive performance has maintained the current sequence of expansion for over two and a ...
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Survey shows investor interest remains solid
EconomyFeaturesA survey by Ernst and Young (EY) has revealed that investor interest in Greece has remained steady throughout the coronavirus pandemic. Releasing the survey summary, EY noted the vital role that foreign direct investment (FDI) is expected to play in Gre...
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyAmidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improv...
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IMF sees solid primary surplus from 2023, debt falling to below 150 pct of GDP by 2027
EconomyMacroeconomyThe International Monetary Fund has mapped out what it believes Greece’s fiscal path will look like in the Fiscal Monitor that was released as part of the meetings with the World Bank currently being held in Washington. The Fund sees Greece turning this...
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Government faces uproar over tax evasion measures despite solid poll ratings
PoliticsGreek PoliticsThe announcement of a new tax regime for self-employed earners has elicited a strong reaction from opposition parties. The measure is part of a reform package that the government claims are necessary to combat tax evasion, but its critics say it amounts...
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
EconomyMacroeconomyThe budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In th...
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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday....
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