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  1. Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
    Photo by MacroPolis

    EconomyMacroeconomy

    payments were 2.65 billion euros. Several pandemic-related expenses has impacted budget spending up

    2%

  2. BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , the fiscal outcome is seen at a primary deficit of 7.1 pct of GDP in 2021. Equally, this has weighed

    2%

  3. Podcast - Yearning for a normal Greek summer

    Agora

    The long, hot Greek summer is underway. But will it be like the summers we have grown to love or will Covid-19 get in the way again? The Agora podcast is back: Co-hosts Nick Malkoutzis and Phoebe Fronista launch the third season by trying to find out whether Greece has cause to feel optimistic

    2%

  4. Building permits jump by 124.5 pct in April, from year-earlier lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    , construction confidence has shown an impressive recovery.

    2%

  5. Impact of Delta variant hampers government's plans

    PoliticsGreek Politics

    health system. This has prompted questions from the opposition about what kind of adjustments

    2%

  6. New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 340 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.9 billion euros, higher than the figure for the same period last year by 14.6 percent. New unpaid obligations from tax

    2%

  7. Industrial turnover jumps by 37 pct in May on base effects
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the first time in months. Year-on-year, industry confidence has jumped by 21.1 points, albeit from

    2%

  8. Travel balance increases more than eightfold in May from last year’s lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 836.3 percent year-on-year (YoY). The balance remained substantially below its May 2019

    2%

  9. Retail index rises another 15 pct in May from 2020 lows

    EconomyMacroeconomy

    compared to July last year, However, it has some way to go to match the previous high of -4.8

    2%

  10. ECB clears banks after stress tests, approves change to DTCs as momentum builds
    Photo by MacroPolis

    EconomyBanking

    . The Bank of Greece has repeatedly over the last few years raised the issue of the quality of capital

    2%