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  1. Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance

    Economy

    +’. Scope has a rather modest growth outlook, with growth this year expected at 2 pct and 1.8 pct

    2%

  2. Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
    Image: MacroPolis

    EconomyMacroeconomy

    billion euros. Greece also received 159 million euros from the RRF and has allocated 775 million euros

    2%

  3. Government seeking to tie up loose ends before summer break
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    ) rules. The bill regarding changes to mental health facilities in Greece has attracted criticism from

    2%

  4. Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
    Image: MacroPolis

    EconomyMacroeconomy

    is in a roughly 1.6 billion euros deficit. Greece has also received 159 million euros from the RRF

    2%

  5. Led by energy, producer prices drop by 0.7 pct YoY in June
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and has been in contraction since, although most of the base effects had been wearing off. Month-on-month

    2%

  6. Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
    Photo by MacroPolis

    EconomyBanking

    of 2023 profits. The bank has also communicated its intention to distribute to shareholders 1.1 billion

    2%

  7. Utilities and energy drive industrial production rise of 9.5 pct in June
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) grew in June by 9.5 percent year-on-year (YoY), after a 6.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index now has just one negative reading in March this year since August

    2%

  8. Primary balance 4 bln above target in Jul due to underspend and tax performance
    Image: MacroPolis

    EconomyMacroeconomy

    at a deficit of roughly 3.2 billion euros. Greece also received 159 million euros from the RRF and has

    2%

  9. Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
    Image: MacroPolis

    EconomyMacroeconomy

    billion euros deficit. Greece has also received 159 million euros from the RRF, with 876 million

    2%

  10. Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
    Photo by MacroPolis

    EconomyMacroeconomy

    , 114,300, has not worked for more than four years, though dropping by 18.7 percent year-on-year. Most

    2%