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  1. Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
    Photo by MacroPolis

    EconomyMacroeconomy

    released on Thursday showed. The total number of permits came to 2,082, from 1,771 in June 2020 when... half of the year, building permits rose by 36.7 percent. Total permits in the aggregate period... confidence indicator worsened by 2.2 points month-on-month. Compared to the same month last year

    5%
  2. Travel receipts more than double in 2021, arrivals at 47 pct of 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    being significantly higher than the 2.2 million euros recorded in December last year, the latest... up by 297.6 and 503.4 percent respectively. Visitors from the UK came to 42,900. In total, arrivals... euros in the aggregate period versus 584.4 euros last year and 564 euros in 2019. In total, arrivals

    5%
  3. Unemployment broadly unchanged at 13.2 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    ) from the Q4 2020 figure of 16.2 percent. A total of 617,431 were registered as unemployed in Q4..., increasing by 1.8 percent compared with the previous quarter and lower by 2.2 percent compared... percent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more

    5%
  4. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    is expected this year, from the total of roughly 18 billion euros in grants and 13 billion euros... have managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path

    5%
  5. Jan-May travel balance of 1.78 bln beats same period in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    to 410,700. In total, arrivals from the EU 27 countries increased by 547.8 percent YoY to about 1.34... expenditure per trip dropped by 2.2 percent to 563.4 euros in the aggregate period versus 576.3 euros last year and 518.9 euros in 2019. In total, arrivals showed a rise of 553 percent in 2022 and came

    5%
  6. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of GDP, or 3.58 billion euros, which is improved on the target of 2.2 pct of GDP. The total deficit... of GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1

    5%
  7. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion euros in the same month last year. Total imports came to 8.32 billion euros, from 5.98 billion last year. At the same time, total exports came to 4.61 billion euros, from 3.67 billion in September..., from 398.4 million euros last year. The balance of goods excluding oil and ships was 2.2 billion euros

    5%
  8. Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021

    EconomyMacroeconomy

    . Total imports came to 7.45 billion euros in December, from 6.82 billion last year. At the same time, total exports came to 4.45 billion euros, from 3.52 billion in December 2021. The impact of fuel...’s figure of 73.4 million euros, and just 2.2 million euros in December 2020. Travel receipts came

    5%
  9. ND doubles down on tax as leaders target weak spots on electoral map

    PoliticsGreek Politics

    . Theocharis suggested that the government’s “market pass” vouchers, which had a total value of 600 million euros, relieved low and middle earners of the indirect tax burden, and that the 2.2 billion VAT... Parliament elections of 2019. PASOK is targeting 13.5 percent, while it looks likely that a total of seven

    5%
  10. Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 45,901 in May, with total employment staying above the four-million mark, at roughly... people year-on-year and now stands at 3.11 million. The unemployment rate among women fell by 2.2... has reached 185,566, improved by 32,443 more jobs year-on-year. Total hires were 929,112, against

    5%