Economy
Eurosystem funding falls by 3.58 bln in September
Greek banks’ Eurosystem funding fell once more in September by another 3.58 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
New overdue tax obligations at 1.07 bln in August, total at 98.23 bln
Greece’s new tax debt rose to 1.07 billion euros in August, declining from July’s figure of 2 billion, the Independent Authority of Public Revenues’ (IAPR) data has revealed.
Building activity falls by 2.4 pct in July
Building permits declined by 2.4 percent in July compared to a rise of 9 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
IMF still sees fiscal gap in 2018 - no action needed, for now
During the regular cycle ahead of its Autumn meetings in Washington, the International Monetary Fund released the World Economic Outlook (WEO) and Fiscal Monitor (FM) which also include the Fund’s latest macro and fiscal estimates for Greece.
Travel balance posts surplus of 3.15 bln in H1 2017
The balance of travel services came to a surplus of 3.15 billion euros for the first half (H1) of the year, Bank of Greece (BoG) figures showed.
NBG steps back into markets with 750 mln covered bond issue
The National Bank of Greece (NBG) has become the first Greek bank to venture back into the international bond market with the successful issue of a covered bond which raised 750 million euros.
Industrial production rises by 5.6 percent in August after revised July growth
Greece’s Industrial Production Index (IPI) increased by 5.6 percent in August following upwardly revised growth of 2.1 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
CPI rises for ninth straight month in Sept with 1 pct increase
Greece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9 percent increase noted in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Athens rushing to reduce arrears and secure 800 mln in bailout funds
The Greek Finance Ministry finds itself in a race against time to meet the target of paying back some of its arrears to the private sector and secure the last part of the European Stability Mechanism disbursement worth 800 million euros.
Car sales continue to grow with 30.1 pct rise in September
Road motor vehicles (going into circulation for the first time) rose by 30.1 percent in September from 31.3 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday.