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  1. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2019, GDP dropped 7.9 percent, following a YoY fall of 10.5 percent in Q3. ELSTAT also released... that for the year, the GDP contraction was driven by a 21.7 percent fall in exports and a 3.4 percent

    4%

  2. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    was noted in social security funds (SSFs) with a fall of 434 million euros from a year earlier..., the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million

    4%

  3. General govt primary cash deficit at 1.99 bln in February; arrears jump
    Photo by MacroPolis

    EconomyMacroeconomy

    year-on-year (YoY) decline was noted in social security funds (SSFs) with a fall of 773 million... euros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing

    4%

  4. Travel balance falls by 89.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    -denominated showed a fall of 76.2 percent to 3.3 million euros. Receipts from non-EU countries decreased... percent to 38.9 million, which took the overall travel balance to 10 million, reflecting a fall of 94.1

    4%

  5. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13

    4%

  6. Rise of property prices continues with 4.6 pct increase in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    , and they increased by 2.6 percent in other areas of Greece, after a 0.6 percent fall in Q4. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted

    4%

  7. Opposition renews attack on government over hospital capacity
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to fall but hospitalisations continue to surge. In a heated debate in Parliament on Wednesday... that the wave has now crested and that the fall in infections will lead to a de-escalation in hospital

    4%

  8. Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    in the sector. The decline captured the second continuous monthly fall in output, marking the sharpest... of inflation on customer spending continued to hamper new sales, as the sharp fall in new orders fed through

    4%

  9. Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing

    EconomyMacroeconomy

    -to-back, albeit modest, declines in the state of the Greek manufacturing sector, with the latest fall... and production led to a fall in workforce numbers, for the first time since December 2020, due to higher

    4%

  10. Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month

    EconomyMacroeconomy

    . There was a strong fall in new orders, similar to the one seen in August, with the rate of contraction above... fall in employment, though the decrease in workforce, stemming from lower production requirements

    4%