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  1. PBO sees just 2.7% growth this year, warns about private debt
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    by the RRF. The PBO has adjusted its public investment budget assumption higher to 7.5 billion euros

    2%

  2. Travel balance falls by 97.6 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY). Receipts came to 25.4 million euros for the month, falling by 90.9 percent YoY. Travel payments decreased

    2%

  3. Credit growth in February unchanged 3.7 pct; monthly flows resume growth
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 3.7 percent in February, the same rate as in January, Bank of Greece (BoG) figures showed on Friday. The annual rate of credit growth is the highest it has been since February 2010 when it came to 3.8 percent. The net lending flow turned

    2%

  4. BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
    Photo by MacroPolis

    Economy

    , which the BoG has developed and presented to the Greek government for consideration. BoG says

    2%

  5. Industrial production up by 4.4% in February

    EconomyMacroeconomy

    confidence has worsened by 10.6 points. In addition, Markit’s PMI for March rose to 51.8 points

    2%

  6. Building permits increase by 6.4 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    confidence has improved by 18.3 points.

    2%

  7. New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.03 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 1.63 billion euros, lower than the figure for the same period last year by 2.4 percent. New unpaid obligations from

    2%

  8. Wages index up by 4.5 pct YoY in Q4 2020, rises by 3.1 pct QoQ
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    rose to 120.7 from 112.1 in the previous quarter. Since its peak, the index has declined by a quarter

    2%

  9. Primary cash balance deficit at 3.91 bln in March

    EconomyMacroeconomy

    months of the current year, the PIB balance has worsened by 1.18 billion euros. The Finance Ministry

    2%

  10. Industrial turnover drops by 2.4 pct in February
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , industry confidence has worsened by 10.6 points.

    2%