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ECONOMY
AADE
Targeted checks on the safety of industrial products begin
Compliance with current national and EU legislation will be verified for manufacturers of a variety of industrial products under a protocol signed by AADE and the General Directorate of Industrial Infrastructure and Business Environment.
EUROSTAT
Services sector rally in Greece in February 2024
The services sector in Greece recorded the highest annual growth in the European Union in February.
Bank of Greece
Interest rate on new deposits unchanged
The weighted average interest rate on new deposits remained unchanged at 0.53%, according to the Bank of Greece.
Tourism
Greece secures 30 million arrivals for 2024
Greece is solidifying its position with a steady influx of 30 million tourists, shaping the nation’s overarching tourism strategy.
OECD
Inflation at 5.8% in March 2024 - 3.2% in Greece
In Greece, OECD data showed inflation at 3.2% in March, up from 2.9% in the previous month.
OECD
62% jump in foreign direct investment in Greece over the last three years
Foreign direct investment (FDI) in Greece has increased significantly over the last three years compared to the previous period, according to a recent OECD.
Tourism
Cruise passenger receipts increased by 84.1%
In 2023, total cruise passenger receipts increased by 84.1%, compared to 2022 according to the Bank of Greece
OECD
Greek economy is resilient - Growth of 2% this year and 2.5% in 2025
The Greek economy remains resilient and is expected to grow at 2% this year and 2.5% in 2025, according to the OECD's semi-annual Economic Outlook report.
Bank of Greece
Balance of travel services posted a surplus of €18,162.0 million in 2023
The x-ray of the record year for Greek tourism is presented by the Bank of Greece in its report on "Developments in the travel balance of payments: 2023".
Stability Program
Growth of 2.5% this year and primary surpluses of 2.1% up to 2025
Stronger growth and a faster decline in inflation than in the EU are foreseen in Greece's Stability Program submitted to the Commission.
INFLATION
Falls marginally to 3.2% in Greece, to 2.4% in the euro area
Looking at the main components of inflation in the euro area, services are expected to have the highest annual rate in April