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  1. Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
    Finance Ministry

    EconomyMacroeconomy

    expenditure of 1 billion euros has not materialised yet. Interest payments came to 2.6 billion euros

    2%

  2. Turkey climbs up agenda as snap election expectations grow
    Image: NATO

    PoliticsGreek Politics

    using the term “Turkaegean” as part of its tourism campaign this year. The government has come

    2%

  3. Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , the recovery in Greece’s consumer confidence, which began following the pandemic, has hit some turbulence

    2%

  4. CPI shoots up by 12.1 pct in Jun as electricity and natural gas stoke biggest rise since early 90s

    EconomyMacroeconomy

    increase of 0.1 percent. Prices have been pushing upward since. Greece has not seen this level of price

    2%

  5. Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) resumed its recovery in May, rising by 3.2 percent year-on-year (YoY), after a temporary pause in April when it dropped by 4.8 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has now paused twice since

    2%

  6. Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    , the PDMA has drawn from bond issues close to 5.5 billion euros, which is roughly half of the 12-billion

    2%

  7. Energy products drive import price to second highest ever growth of 37.3 pct in May
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    that has gripped the global economy since last spring. Month-on-month, the index posted only

    2%

  8. Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
    Photo by MacroPolis

    EconomyMacroeconomy

    . Greece has also received 1.72 billion euros from the RRF.

    2%

  9. Industrial turnover posts 53.1 pct YoY growth in May, biggest rise during pandemic recovery
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    , the index posted growth of 18.2 percent in March 2021 and has been growing ever since. May’s figure

    2%

  10. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    of 14.95 billion euros, up from 8.78 billion euros up to May 2021. The oil deficit has increased

    2%