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Impact of Delta variant hampers government's plans
PoliticsGreek Politicshealth system. This has prompted questions from the opposition about what kind of adjustments
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New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
EconomyMacroeconomyThe 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
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Industrial turnover jumps by 37 pct in May on base effects
EconomyMacroeconomyfor the first time in months. Year-on-year, industry confidence has jumped by 21.1 points, albeit from
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Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomyGreece’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
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Retail index rises another 15 pct in May from 2020 lows
EconomyMacroeconomycompared to July last year, However, it has some way to go to match the previous high of -4.8
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ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBanking. The Bank of Greece has repeatedly over the last few years raised the issue of the quality of capital
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomyin November 2002. The uncertainties in the supply chain have affected business confidence that has slipped
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingratio of 23 pct, from 45 pct in the end of last year. The bank says it has now completed 80 pct of its
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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomythe turn of the year, construction has recovered sharply, from -25.5 points.
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyThe latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY). ELSTAT has been monitoring the impact of the pandemic
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