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  1. Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
    Finance Ministry

    EconomyMacroeconomy

    of roughly 2.6 billion euros. Greece has also received 1.72 billion euros from the RRF and has

    2%

  2. Phone-tapping scandal causing ripple effect across political scene

    PoliticsGreek Politics

    has been invited to appear before a European Parliament committee on August 30. The Greek... has yet shown the far-right party capable of getting over the 3 pct threshold needed to win seats

    2%

  3. Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
    Photo by MacroPolis

    EconomyMacroeconomy

    attached to the first programme, which Greece has started repaying. An additional 130.9 billion relate... to 18.17 years in Q2, from 18.22 years in Q1. Peak average maturity was 20.85 years in Q3 2019 and has

    2%

  4. Electricity price shock, pressure on phone-tapping take shine off surveillance exit
    Image: https://www.flickr.com/photos/151653494@N04/

    PoliticsGreek Politics

    euros/KWh from the suppliers’ 0.68-0.78 euros/KWh. Overall, the impact on the state budget has been.... The government has been downplaying the significance of the challenge, and the indications are that its... into the autumn, as it tries to structure its last economic package en route to the next elections

    2%

  5. VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    related to military procurements and the non-allocated expenditure of 1.28 billion euros that has... euros of this allocation has taken place, broadly on target.

    2%

  6. Despite another annual rise of 35.6 pct in Jul, producer prices fall for third straight month
    Image via www.http://www.cenergyholdings.com

    EconomyMacroeconomy

    , when it grew annually by 9.1 percent. It has been growing ever since, gathering pace over nearly a year and half. This has taken the index from 102.63 points in February last year, to 146.9 points

    2%

  7. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    crisis, and the inflation wave. Since then, the tourism season has brought some signs of optimism... figure included in the final 2022 budget. The latest inflation estimate has also been pushed up

    2%

  8. Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop

    EconomyMacroeconomy

    Authority (ELSTAT) data released on Friday. The index has now grown in five out of the first seven months of the year and has been on a general recovery trajectory since November 2020

    2%

  9. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    presented by the PM has an allocation of 3.65 billion euros of permanent measures and 1.85 billion euros... for electricity bill subsidies, although it has several sizable interventions like the “inflation cheque

    2%

  10. Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
    Finance Ministry

    EconomyMacroeconomy

    . Overall, the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully.

    2%