Greek Daily News – 21/06/23

ECONOMY

-Greece’s current account deficit rose €120.7 million year‑on‑year and stood at €1.8 billion in April, but fell €3 billion to stand at €5.6 billion in the January-April period the Bank of Greece said.

-As of today Greek taxpayers are “free” from their tax duty for this year, according to the Center for Liberal Studies. Greeks worked 171 days to pay €86.8 billion, an amount that is almost double what households pay to cover their basic needs.

TOURISM

The performance of tourism in Greece is encouraging: Non‑residents’ arrivals increased by 30.0% and the relevant receipts grew by 19.9% in April 2023 compared with April 2022, the Bank of Greece data showed.

CAPITAL MARKET

-Greece is returning to international capital markets with the reopening of a 25-year #bond maturing on January 30, 2042 and offering a coupon of 4.2% as the country is seeking to raise €200 million on Wednesday, the Public Debt Management Authority said.

-The Athens Exchange (ATHEX) general index closed up 0.60% to 1,272.49 points on Wednesday bucking the trend across Europe.