Eurobank kicked off Greek banks’ reporting season for the first quarter (Q1) of the year by announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4.
The fall in Greek apartment prices decelerated for the seventh straight quarter to 3.9 percent in Q1 2015 from a downward revised 5.4 percent in Q4 2014, according to the Bank of Greece (BoG).
As expected, Greek banks’ Eurosystem funding rose at a rising pace by 5.66 billion euros in April from 2.93 billion in March to reach a total of 112.84 billion, according to the Bank of Greece's (BoG) monthly financial statement published on Wednesday
Greece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Wednesday.
The Greek seasonally adjusted (SA) GDP at constant prices contracted quarter on quarter (QoQ) for the second successive quarter in Q1 of 2015, falling by 0.2 percent from 0.4 percent in Q4 2014, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT).
The general government (gg) primary cash surplus more than halved to 1.19 billion in the first quarter (Q1) of 2015 from 2.45 billion last year, according the gg bulletin published by the Ministry of Finance (MoF).
The Greek Industrial Production Index (IPI) advanced for the second successive month in March, at an accelerating rate of 5 percent in March after rising by 1.9 percent in February, according to the Hellenic Statistical Authority (ELSTAT).
Τhe number of road motor vehicles (going into circulation for the first time) soared at an accelerating pace for the third straight month in April, when it rose by 47.2 percent from 29.5 percent in March, according to the Hellenic Statistical Authority (ELSTAT).
After dropping by more than 20 percent in each of the preceding two months, Greece’s trade deficit rose by 6.9 percent in March, according to the Hellenic Statistical Authority (ELSTAT).