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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
EconomyMacroeconomyThe budget primary balance produced a surplus of 4.67 billion euros up to June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. The primary.... The budget balance up to June showed a deficit of 416 million euros, from a 2.26 billion euros deficit up
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
EconomyMacroeconomyThe budget primary balance produced a surplus of 8.7 billion euros up to August, according.... The budget balance up to August showed a surplus of 2.16 billion euros, from a 1.04 billion euros deficit up to August 2024. The overall balance is better than the target by 3.54 billion euros. Revenues
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Economic sentiment picks up in Oct, consumer confidence sliding again
EconomyMacroeconomythe rolling 12-month period, October’s ESI was marginally up by 0.8 points from November 2024. The average ESI... points in the previous month. The EEI is up by roughly 3.5 points on the rolling 12-month period... points, from 30 points before. Services confidence is up by 7.6 points on the rolling 12-month. Retail
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomypercent in the previous month. In October 2024, the CPI was up by 2.4 percent YoY. The highest annual... and health increased by 0.6 percent. Education was up by 2.8 percent. Housing costs also increased... by the decrease, mainly, in the prices of electricity, natural gas, and heating oil. Specifically, rents were up
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Government pins hopes on payments, OPEKEPE shake-up to stem farmers’ protests
PoliticsGreek Politicssystem tidied up by the end of the year. Rural discontent is just one source of concern... their farms going while officials clean up the mess created by the OPEKEPE scandal. At the same time... their consumption in terms of food, with just 10 pct saying they have kept up their consumption of all types
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CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
EconomyMacroeconomyin the previous month. In November 2024, the CPI was up also by 2.4 percent YoY. The highest annual increase... increased by 0.6 percent. Education was up by 2.8 percent. Housing costs also increased by 3.7 percent..., in the prices of electricity, natural gas, and heating oil. Specifically, rents were up by 8.6
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Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
EconomyMacroeconomyfor the month were 2.25 billion euros, compared to 2.08 billion euros in 2024, up 8.2 percent year... in October reached 3.66 million, up 7.2 percent YoY. Arrivals from the EU totalled 2.12 million, of which... to 22.39 billion euros. Payments also increased to 2.91 billion, up 25.9 percent, bringing
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
EconomyMacroeconomy. Receipts for the month were 726.3 million euros, compared to 568.9 million euros in 2024, up 27.7 percent... in November reached 1.41 million, up 9.7 percent YoY. Arrivals from the EU totalled roughly 700,000... by 8.9 percent to 23 billion euros. Payments also increased to 3.06 billion, up 22.1 percent, bringing
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Government unveils 2026 reform agenda as Karystianou party continues to shake up politics
PoliticsGreek Politicsdetermination to live up to its pledges. At the heart of the government’s planning is the race to absorb... Karystianou could muster a support level of up to 31 percent, significantly higher than established... that a comeback by former leader Alexis Tsipras could draw support from up to two thirds of those
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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyfor the month were 473.3 million euros, compared to 297.8 million euros in 2025, up 58.4 percent year... in January reached 1.09 million, up 33.3 percent YoY. Arrivals from the EU totalled roughly 547,500... by 9.4 percent to 23.63 billion euros. Payments also increased to 3.37 billion, up 20.2 percent
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