Travel receipts rose by 10.2 percent to 13.39 billion euros in 2014, according to Bank of Greece (BoG) annual data.
Greece’s trade deficit continued heading south for the second straight month in February, when it dropped by the higher rate of 27.2 percent compared to 21 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
Greece’s new unpaid taxes eased to 1.16 billion euros in February from 1.32 billion in January, according to data released by the General Secretariat of Information Systems (GSIS).
The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two key transactions, which are the most important for April’s obligations.
Following the initial proposals on fiscal and structural measures from Greece, which we presented on March 30, the Financial Times revealed on Wednesday the updated version of the 26-page document submitted by the Finance Ministry (MoF) to the institutions.
The interest rate on households’ new time deposits marginally increased by 1 basis point (bp) to 1.81 percent in February from 1.8 percent in January, according to the Bank of Greece (BoG).
Greece’s Manufacturing PMI improved for the second straight month by 0.5 points to 48.9 in March from 48.4 in February, according to Markit.
The turnover of Greece’s retail trade index fell for the third successive month in January, when it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic Statistical Agency (ELSTAT).
Greece and the Brussels Group began discussing over the weekend the details of the fiscal and structural measures proposed by Athens with the aim of securing the gradual disbursal of the remaining 7.2 billion euros in bailout funds.
Greece’s economic sentiment (ESI) fell by 1.4 points to 96.8 in March from 98.2 in February, according to the European Commission (EC).