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  1. Underspend and improved tax collection help budget beat target by 881 mln in July
    Finance Ministry

    EconomyMacroeconomy

    budget, came to 28.66 billion euros. Net revenues came to 37.15 billion euros. The budget balance up... billion euros, while other revenues were up by 1.04 billion euros. Approximately 470 million euros

    3%

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

    EconomyMacroeconomy

    in 2022, up roughly 17 percent year-on-year. Travel payments rose by 19.4 percent to 204.3 million euros. Arrivals were 4.3 million in June, up roughly 18 percent from 2022. EU arrivals were 2.64 million

    3%

  3. Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Net revenues came to 37.15 billion euros. The budget balance up to July showed a deficit..., with 415 million euros spent up to July, which is 1.08 billion euros below target.

    3%

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

    PoliticsGreek Politics

    . In the SYRIZA camp, meanwhile, a new candidate has shaken up the leadership campaign with a surprise bid..., and legislation to support immigrant integration and diversity. Kasselakis’s agenda marries up some of the long

    3%

  5. Aug PMI marks seventh month of improved manufacturing conditions, cost pressures resume
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    , Greek manufacturers did not raise selling prices in August. As companies wanted to ramp up.... "Input costs jumped up, rising at a solid pace following a short period of decline. For the moment

    3%

  6. SYRIZA leadership contenders enter final stretch, as ID cards become latest headache for govt
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    , although new members will be able to sign up on the spot. This was a compromise decision, rejecting... as it tries to focus attention on its economic agenda in the run-up to the Thessaloniki International

    3%

  7. Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
    Photo by MacroPolis

    EconomyMacroeconomy

    increased 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

    3%

  8. Tax revenues continue to outperform in Aug, as ministry explains frugal approach
    Finance Ministry

    EconomyMacroeconomy

    up 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

    3%

  9. Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    from 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.

    3%

  10. Positive sentiment around banks continues to grow

    EconomyBanking

    in 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

    3%