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  1. 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%
  2. 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%
  3. 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%
  4. 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%
  5. Hiring balance slows in June as job market returns to normal levels
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is also the fifth straight month this year there has been a positive balance, after opening

    2%
  6. Early details show energy emergency plan facing practical challenges
    Image: https://flic.kr/p/Tsun9u

    PoliticsGreek Politics

    the considerable challenges posed by retooling and rehiring skilled labour which in many cases has left

    2%
  7. 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%
  8. 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%
  9. Final budget execution for June affirms solid revenues, driven by VAT and income tax
    Photo by MacroPolis

    EconomyMacroeconomy

    procurements. Non-allocated expenditure of 1.28 billion euros has not materialised yet. Interest payments came

    2%
  10. Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    following the pandemic, has hit some serious turbulence and over the rolling 12-month period is well

    2%