The Greek Deal.com
ECONOMY
Tourism
Passenger traffic at Greek airports took off in the first seven months of the year
A significant increase of 9.5% compared to last year in passenger traffic in the first seven months of 2024 for all the country's airports operating commercial flights, according to provisional statistics of the Civil Aviation Authority.
EUROSTAT
Inflation in Greece at 3%
Eurostat's initial estimates for inflation were confirmed, as the final data showed that it rose to 2.6% in the euro area on an annual basis from 2.5% in June, while in Greece it rose to 3% from 2.5% in June.
Bank of Greece
Balance of payments deficit increased to €8.8 billion in the first half of the year
In June 2024, the current account recorded a surplus of €270.8 million, compared to a deficit in the corresponding month of 2023.
Bank of Greece
Travel receipts €6.9 billion in the first half of the year
With a growth rate of 12.2%, tourism receipts in the half-year, according to the data announced by the Bank of Greece, allowed even in June to record a surplus in the current account balance.
Bank of Greece
Primary cash surplus of €338 million in the first seven months
In the period January–July 2024, the cash result of the central government showed a surplus of EUR 338 million, compared to a deficit of EUR 2,178 million in the corresponding period of 2023, the Bank of Greece announced.
GOVERNMENT
The main priorities of the 2025 budget
The government's economic staff is entering the final stretch for the finalisation of the 2025 budget figures in the coming days as the government's economic staff begins its deliberations on the decisions that will reflect the main priorities of economic policy for the coming year.
Hellenic Republic Asset Development Fund
Tenders for projects with a total budget of €4.3 billion
Tenders for projects with a total budget of €4.3 billion were awarded by the Strategic Significance Contracts Unit of the Hellenic Republic Asset Development Fund (TAIPED) following a decision of the Governmental Committee for Strategic Projects.
BUDGET
Surplus of €5.68 billion in the seven months January-July
The primary surplus of the state budget for the seven months of January–July 2024 amounts to 5.68 billion euros, against a target for a surplus of 1.65 billion euros and a primary surplus of 3.558 billion euros for the same period in 2023.
Hellenic Statistical Authority (ELSTAT)
Double-digit growth in revenues of accommodation companies in Q2
The accommodation and catering sectors continued to move upwards in the second quarter of the year, according to ELSTAT data.
Industrial Production
Import prices up 4.4% year-on-year in June
According to data released by the Hellenic Statistical Authority, the General Index of Import Prices in Industry in June 2024 increased by 4.4% when compared to the corresponding index for June 2023.
Yannis Tsakiris
Businesses need better access to finance on favourable terms
Yannis Tsakiris, Vice President of the European Investment Bank (EIB), stresses the need to support Greek businesses for better access to finance.