Greece’s industrial turnover fell by 0.9 percent year-on-year (YoY) in December after a revised increase of 7.5 percent in November, Hellenic Statistical Authority (ELSTAT) data published on Tuesday showed.
The month-on-month rise in Greece's new tax debt came to 1.25 billion in December, increasing from November’s figure of 857 million data from the Independent Authority of Public Revenues (IAPR) showed this week.
Comments made to Reuters by European officials regarding the possibility of eurozone finance ministers delaying a decision to disburse up to 750 million euros to Greece on March 11 have raised concerns in Athens, where the Finance Ministry is waiting for a response from Brussels to its proposal for a new scheme to protect primary residences from foreclosure.
The employment balance turned negative in January with 22,333 more departures than hirings for the month after December’s positive balance of 5,970, data from the Labour Ministry’s Ergani information system showed.
Greece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit target of 103 million euros.
The government and the banks are waiting for a response this week from the institutions and the European banking supervisory authorities regarding the proposal for the framework that will succeed the Katseli law.
The Piraeus Port Authority (PPA) has released its annual financial statement for 2018, which revealed that turnover rose by 19.2 percent year-on-year.
The government and Greece’s bankers appear to have reached an agreement on the framework to protect primary residences from foreclosure when the extension to the Katseli law runs out at the end of February.
Greece’s Consumer Price Index (CPI) rose by 0.4 percent in January compared to a rise of 0.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure.