Monday’s Eurogroup in Brussels will provide the first opportunity for the Greek government to sound out European officials regarding its efforts to create more fiscal space, while discussions will continue in Athens this week regarding the fifth enhanced surveillance review.
Building permits rose by 12.6 percent year-on-year (YoY) in October compared to a rise of 8.5 percent in September, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
The balance of travel services came to a surplus of 14.10 billion euros for the first nine months (9M) of the year, Bank of Greece (BoG) noted in its travel balance report.
The issue of public investment spending became a point of friction on Wednesday when the deputy minister responsible for fiscal issues claimed the previous government used creative means to make investment spending appear higher at state budget level than it was.
The budget primary balance recorded a surplus of 4.96 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Wednesday.
The sensitive issue of protecting primary residences from foreclosures, which over the last decade was dealt with by the so-called Katseli law that was introduced very early in the crisis and then extended by subsequent administrations, is starting to move up the agenda of key stakeholders.
Road motor vehicles going into circulation for the first time jumped by 21 percent year-on-year (YoY) in December, following a solid rise of 12.5 percent in November, according to data released by Hellenic Statistical Authority (ELSTAT) released on Tuesday.
Greece’s Consumer Price Index (CPI) increased by 0.8 percent year-on-year in December, following a rise of 0.2 percent in November, marking two positive readings after three negative months, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Alpha Bank announced that it has started the process to execute one of the largest bad loan securitisations by a Greek bank.
The employment balance remained negative in December with 3666 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.