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Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
EconomyMacroeconomyincreased by 13.1 percent, with the absolute figure standing at 15,707. The remainder was made up... risen by 11.9 percent annually. Passenger cars are up by 13.2 percent, lorries increased by 3.8 percent
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomyup to August showed a deficit of 103 million euros, from a 4.11-billion-euro deficit in August 2022... by 3.42 billion euros, while other revenues were up by 1.16 billion euros. Approximately 470 million
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
EconomyMacroeconomyfrom 51.85 billion euros up to July 2022. Exports were 29.54 billion, from 30.43 billion last year.... Receipts were 10.32 billion euros, from 8.58 billion up to July 2022.
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Positive sentiment around banks continues to grow
EconomyBankingin the last month, the bank index on the stock exchange is up close to 43 pct year-to-date and 68 pct... six banks by up to two notches and granting the investment grade to Eurobank and NBG. Fitch Ratings
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Controversial labour law set to usher in radical changes to employment practices
PoliticsGreek Politicsup until this point, with attention focussed on the aftermath of the Thessaly floods and the SYRIZA... leadership is becoming increasingly acrimonious in the lead-up to the second and final round of voting
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Travel balance to July soars by 19 pct, reaching almost 9 bln
EconomyMacroeconomy, up roughly 15 percent year-on-year. Travel payments rose by 36 percent to 261.4 million euros. Arrivals were 6.11 million in July, up roughly 16 percent from 2022. EU arrivals were 3.88 million
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Tension peaks as SYRIZA candidates enter last stages of contest
PoliticsGreek Politicsthat Kasselakis has not set out any tangible policy ideas and that he cannot back up his slick social media... leader, and might not turn up in the second round. There have been intimations that some of those who
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomybudget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up... received 1.72 billion euros from the RRF, with 450 million euros spent up to August, which is 1.38 billion
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
EconomyMacroeconomyto up their selling prices as they passed through greater input costs, following an uptick... with higher energy and fuel costs pushed up input prices. The overall business confidence was dampened
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ND targets eye-catching wins in local elections as SYRIZA officials agree tentative truce
PoliticsGreek PoliticsPASOK, and ultra-nationalist Greek Solution, whose backing is up to 6 pct. On the local front, apart... municipalities: Athens, Piraeus and Thessaloniki. Although there are 332 mayorships up for grabs in total
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