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  1. Impact of energy moderates, current account deficit narrows to 7.86 bln in 6M

    EconomyMacroeconomy

    Greece’s current deficit narrowed further to 638.2 million euros in June, from 1.65 billion euros in May, Bank of Greece (BoG) data showed on Monday. In June 2022, the balance showed a deficit of 842.2 million euros, while in June 2021 the current account posted a deficit of 1.35 billion euros

    2%
  2. Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.73 billion euros in June, from 1.54 billion euros in May, according to Bank of Greece (BoG) data released on Tuesday. June’s balance was roughly 17 percent higher than the 2.23 billion euros registered in June 2022. The balance in June 2021 was just

    2%
  3. Credit expansion slows to 1.2 pct in July as corporate loans contract
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    again after May’s decline. The outstanding balance decreased to 112.49 billion euros, from 113.89

    2%
  4. Deposits contract by 191 mln in July as business savings decline
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    on year (YoY), from 3.5 percent in June and 3.3 percent in May. The outstanding balance of private sector

    2%
  5. New labour law set to cause friction, as surprise candidate launches SYRIZA leadership bid

    PoliticsGreek Politics

    of favourite Efi Achtsioglou may also have contributed to an apparent lack of appetite among the party

    2%
  6. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    the Ukraine conflict. The index hit its most recent low in May 2020 following the Covid outbreak

    2%
  7. PM prepares to set out policy agenda, SYRIZA gears up for leadership vote
    Photo by R/DV/RS via Flickr https://flic.kr/p/4JYvg5

    PoliticsGreek Politics

    of candidates has drawn more attention to SYRIZA’s leadership vote, which may end up benefitting the party

    2%
  8. Floods force Mitsotakis to postpone policy speech amid political fallout from ferry death
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    may choose instead to focus on operational failures, with attention turning to those directly

    2%
  9. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The price index was in deflation for the 12 months prior to May 2021, when CPI posted a marginal

    2%
  10. Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn

    PoliticsGreek Politics

    will be Christos Stylianidis, who served as Civil Protection and Climate Crisis Minister up until the May

    2%