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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    2%

  9. Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) grew in July by 10.6 percent year-on-year (YoY), after a 9.9 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The index now has just one negative reading in March this year since August

    2%

  10. Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece continued at a steady pace in the second quarter of 2024, increasing by 9.2 percent year-on-year (YoY) from an upwards revised 10.6 percent in Q1 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown

    2%