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Underspend and taxes push primary balance up to Aug 3.77 bln above target
EconomyMacroeconomyperformance in collecting the current year’s taxes, as well as, the better performance of the previous
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ND accused of cover-up in OPEKEPE inquiry as party recruits ex-PASOK minister
PoliticsGreek Politicsto the inquiry implicating previous administrations, and particularly PASOK, in fraudulent payments. However
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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
EconomyMacroeconomyin Q4 2024. The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back
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Tourism on track for new record season as receipts rise by 12.5 pct up to July
EconomyMacroeconomywith 17.98 million in the previous year. EU and eurozone arrivals were 10.65 and 7.97 million
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Credit growth stable at 10.6 pct YoY in Aug
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 166 million euros after an outflow
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
EconomyMacroeconomysignificantly to 25.8 points from 18.3 points in the previous month. The index is higher by roughly
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
EconomyMacroeconomyby 0.6 percent, from a rise of 0.2 percent in the previous month. Over the rolling 12-month period
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in September to 52 points, from 54.5 points in the previous month, S&P Global data showed on Wednesday. The latest data indicates a modest upturn in the health of the sector, although it was the second slowest in ten months, nevertheless, the pace
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Unemployment rate broadly stable at 8.1 pct in Aug
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.1 percent in August, from an upwards revised 8.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In August last year, the unemployment rate was 9.7 percent. ELSTAT had postponed
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Falling property FDI raises questions about housing market after Golden Visa rush
EconomyMacroeconomypct in Q1 2023. The index now stands at 107.5 points in Q2 this year and has surpassed the previous
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