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  1. Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 173.8 million euros in November, from 1.27 billion euros in October, according to Bank of Greece (BoG) data released on Friday. The latest data on the travel front continues to be encouraging – apart from rising by more than five times compared

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  2. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI had dropped by 3.1 points to 110 in December Economic sentiment stood at 90.7 points in January

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  3. Building activity continues rising with 18.4 pct increase for permits in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    by 47.6 percent. The European Commission’s latest business sentiment indicators for January showed

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  4. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. The corporate lending balance’s net monthly flow was positive in December by 1.83 billion euros

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  5. PMI softens to six-month low, but employment in manufacturing grows at record pace
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    Greece’s Manufacturing PMI for January dropped to a six-month low of 57.9 points, from 59 in December, however, still signaling growth in the sector, according to Markit data released on Tuesday. Although the latest data captured a solid improvement in operating conditions, the growth rate eased

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  6. CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up further pace in January, rising by 6.2 percent year-on-year (YoY), following a 5.1 percent increase in December, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday. The average CPI for the rolling 12-month

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  7. Central govt primary cash deficit narrows appreciably to 429 mln in Jan

    EconomyMacroeconomy

    Greece’s central government recorded a primary cash deficit of 429 million euros in January, from a deficit of 1.6 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday. The overall cash deficit was 1.68 billion euros, from 1.73 billion in January

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  8. Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros

    Economy

    , as reflected in Ergani’s system, is 2,278,394. The breakdown shows that 16.7 pct work in companies

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

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 64 million euros in December, from a surplus of 173.8 million euros in November, according to Bank of Greece (BoG) data released on Tuesday. Aside from being significantly higher than the 2.2 million euros recorded in December last year, the latest

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  10. Economic sentiment stable in Feb, consumer confidence improves
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) stayed broadly unchanged in February at 114 points, from 114.2 in January, according to European Commission figures released on Friday. Economic sentiment stood at 90.7 points in January 2021 and has since recovered all the deterioration suffered during

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