Greece’s industrial turnover rose by 14.3 percent in September, dropping from the reading of 20.5 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
The employment balance turned sharply negative in October with 120,087 more departures than hirings, according to data form the Labour Ministry’s Ergani information system.
Greece’s central government primary cash balance recorded a surplus of 19.54 billion euros in the first ten months of the year, Bank of Greece (BoG) figures have shown.
The government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures announced by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
It’s a point that is often touched upon regarding the makeup of Greece’s economy that the country imports far outweigh its exports, and have done so historically.
The budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry (MoF) on Wednesday.
Having weathered a tumultuous October, Greece’s domestic banking system and relevant stakeholders that include Bank of Greece and HFSF are looking into ways that will help banks reduce the risk on their books and bring down their non-performing exposures.
Motor Oil Hellas’ financial results for the first nine months (9M) of 2018 show that group revenues increased by 20.9 percent compared to the same time last year.
Greek banks’ Eurosystem funding increased by 974 million euros month-on-month (MoM) in October, the Bank of Greece's (BoG) monthly financial statement has revealed.
Building permits rose by 13.3 percent year-on-year (YoY) in August, rising from the increase of 9.8 percent in July, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.