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  1. Strong income tax revenues and contained spending maintain budget outperformance in May

    EconomyMacroeconomy

    . The total budget balance by May showed a surplus of 1.88 billion euros, from a 535-million-euro deficit

    3%

  2. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop of 21.9 percent YoY seen in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in March reached 2,206, from 3,756

    3%

  3. Deposits resume rise in May, reaching 199.61 bln

    EconomyMacroeconomy

    increased by 867 million euros. Total deposits, which also include the general government

    3%

  4. Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
    Photo by MacroPolis

    PoliticsGreek Politics

    500,000 in total.

    3%

  5. Trade deficit falls sharply in May, at 13.41 bln in 5M
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    decreased by 6.9 percent, bringing the total to 13.41 billion euros. Imports dropped by 5.3 percent, while

    3%

  6. Opposition sees ND’s call for broader subsidy inquiry as attempt to muddy waters
    Photo by Lazaros Koutsoukos/Fosphotos

    PoliticsGreek Politics

    , meaning that there were 13 changes in total. Three of the new appointments were at the Agricultural

    3%

  7. Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May

    EconomyMacroeconomy

    , industrial turnover in the total market increased by 5.6 percent, led by rises of 5.5 percent

    3%

  8. Travel receipts maintain momentum in May with 17.7 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    were 1.81 billion euros. In total, arrivals rose by 2.1 percent to 7.09 million. This compares

    3%

  9. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    . Corporate deposits increased by 4.4 billion euros. Total deposits, which also include the general

    3%

  10. Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending

    EconomyMacroeconomy

    . The total budget balance by June showed a deficit of 564 million euros, from a 2.26-billion-euro deficit

    3%