Parliamentary Budget Office

The number of job vacancies in Greece in the second quarter of 2024 amounted to 53,814, 54.4% higher compared to the corresponding quarter of 2023, according to Eurostat's seasonally adjusted data.

In its quarterly report on Tuesday, the Parliamentary Budget Office (PBO) highlighted the growing contribution of Greek manufacturing to the country's gross domestic product, noting that it reached 10.4% in the second quarter, much higher than the 8.6% rate in the second quarter of 2009.

The "inflation of greed" in the Greek market during the period of the pandemic and the energy crisis was confirmed on Thursday by data from the Parliamentary Budget Office (PBO).

The use of electronic transactions, the reduction of taxes as well as the favorable repayment arrangements (72 and 120 installments) have led to the reduction of state debtors by some 400,000 compared to 2018, according to the data of the Independent Authority for Public Revenue (AADE).

Greece returned to a primary surplus in 2022, the Parliamentary Budget Office stated on Thursday in its report for the fourth quarter of 2022, based on the common European rules (European system of Accounts, or ESA) methodology, which is the only valid record after the end of enhanced surveillance.

Inflation in Greece jumped to 9.4% in April, according to Eurostat data. At the same time in the eurozone reached 7.5%.

According to official Eurostat data released today, the harmonized index of consumer prices continued its upward trend and climbed to 9.4% against a performance of -1.1% in the corresponding month of 2021.

The volume of new expired debts and suspended tax and social security obligations constitute signs of the major problems that the real economy is up against. After the immunization of the population, the Greek economy will not revert to normal as it was before the pandemic, but to a new normality with enterprises scarred by the effects of the health crisis and sky-high unemployment.

The government is seeking to ride the new momentum created by the health crisis in Europe, at the expense of the once unique recipe of austerity, while the first-quarter fiscal data compiled by the Parliamentary Budget Office (PBO) indicated an annual deterioration of 1.3 billion euros.

Last year's scheme by which debtors can settle their dues to the state in up to 120 tranches has brought many taxpayers to tax offices and additional takings into state coffers, reducing the stock of overdue arrears to the state.

Overdue arrears to the tax authorities posted a significant slowdown in the nine months to end-August, according to the Parliamentary Budget Office (PBO).