Greek household disposable income grew by 0.8 percent in the third quarter (Q3) of 2017, increasing on Q2’s growth of 0.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Greece’s travel receipts increased by 81.4 percent year-on-year in November, compared to a rise of 14.2 percent noted in October, Bank of Greece (BoG) data revealed on Tuesday.
Greek banks’ Eurosystem funding rose by around 786 million euros in December, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
Greece’s lenders have made it clear that they will keep a close eye on the unhindered conduct of auctions throughout Greece by attaching it as a condition for the second disbursement from the 6.7 billion tranche that was approved at yesterday’s Eurogroup.
The Eurogroup reached on Monday what its new president, Portugal’s Mario Centeno, called a “political agreement” regarding the conclusion of Greece’s third review and the next loan disbursements for Athens.
Greece’s current account (C/A) balance recorded a deficit of 954 million euros in November, deepening from the deficit of 624.1 million euros recorded in October, Bank of Greece (BoG) figures showed on Monday.
Monday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions are settled.
Rating agency S&P raised Greece’s long-term credit rating to ‘B’ from ‘B-’ on Friday, maintaining the positive outlook.
Greece’s industrial turnover grew by 12.9 percent in November after October’s figure was upwardly revised to 11.6 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.
The Bank of Greece (BoG) presents in its semiannual overview of the Greek financial system a sensitivity analysis on active NPE management by Greek financial institutions in relation to the operational targets of reducing their stock to 64.6 billion euros, from 101.8 billion, by the end of 2019.