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  1. Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
    Finance Ministry

    EconomyMacroeconomy

    euros deficit. Greece has also received 159 million euros from the RRF, with 576 million allocated so

    2%

  2. Despite further slowdown, property prices grew by 10.4 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece continued at a steady pace in the first quarter of 2024, increasing by 10.4 percent year-on-year (YoY) from an upwards revised 12.4 percent in Q4 2023, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown

    2%

  3. From default to investment grade: A brief history of Greek debt

    Agora

    rate to a peak of 28 per cent. Given that Greece’s general government debt has exceeded 350 billion

    2%

  4. Producer prices drop 1 pct in Apr, in contraction for over one year

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some of the base effects from the inflation peak

    2%

  5. May PMI still in expansion as firms report supply chain and cost issues
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    of increase in charges has outpaced the series average for nine consecutive months, suggesting

    2%

  6. Q1 unemployment rises to 12.1 pct due to seasonal causes

    EconomyMacroeconomy

    portion, 132,500, has not worked for more than four years, rising by 2.9 percent year-on-year. Most

    2%

  7. Q1 GDP growth accelerates to 0.7 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q1, rising by 0.7 percent quarter-on-quarter (QoQ), from a 0.3 percent rise in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    2%

  8. Industrial production jumps by 10.8 pct in Apr due to electricity and manufacturing

    EconomyMacroeconomy

    in the middle of last year, the index has been growing since August 2023, with March being the first

    2%

  9. Strong tax performance and underspend push primary surplus up to 3.15 bln in May
    Finance Ministry

    EconomyMacroeconomy

    of roughly 1.25 billion euros. Greece also received 159 million euros from the RRF and has allocated 632

    2%

  10. VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
    Photo by MacroPolis

    EconomyMacroeconomy

    has also received 159 million euros from the RRF, with 632 million allocated so far, below

    2%