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Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
EconomyMacroeconomyGreece’s central government recorded a primary cash surplus of 714 million euros in April, from a deficit of 2.23 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Wednesday. The overall cash balance was a surplus of 419 million euros, from a deficit
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Current account deficit deepens in Mar, reaching 6.45 bln for Q1
EconomyMacroeconomy. The travel balance showed a surplus of 77.1 million euros, from last year’s figure of just 8.3 million
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Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyeuros of accruals collection of last year’s tax dues. VAT intakes beat their target by 755 million
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingexposures (NPEs) decreased by 3.4 billion euros in Q1 to 2.4 billion euros. Eurobank’s NPE ratio stood at 6
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Growth in building permits rises to 13.7 pct for Feb after slow start
EconomyMacroeconomyfrom the 26.6 percent growth during the whole of 2021. The European Commission’s latest business
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Credit growth at 2.8 pct in Apr, highest in 13 months
EconomyMacroeconomy109.62 billion euros in March. The corporate lending balance’s net monthly flow was positive by 701
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Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8 percent year-on-year (YoY), after jumping by 46.2 percent in March, ELSTAT data said on Monday. The index was in negative territory for most of 2020 and up until March 2021, when it grew annually
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March
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Trade deficit widens by 71.6 pct Jan-Apr, reaching total of 11.3 bln
EconomyMacroeconomyThe rise in Greece’s trade deficit accelerated in April, when it increased by 49.5 percent year-on-year (YoY), from 13.5 percent increase in March, according to data released by ELSTAT on Tuesday. The deficit came to 2.75 billion euros for the month. Imports totalled 6.85 billion euros, rising
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CPI leaps by 11.3 pct in May as food and energy prices rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking rise in May, increasing by 11.3 percent year-on-year (YoY), from 10.2 percent in April, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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