Greece’s retail sales index increased by 4.7 percent in February following a rise of 7.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Net deposit movements in the Greek banking system were positive by 2.85 billion euros in March, rising from inflows of 1.06 billion in February, Bank of Greece (BoG) figures revealed on Wednesday.
Credit movement in the Greek market came to 0.1 percent in March, improving from a contraction of 0.8 percent noted in February, Bank of Greece (BoG) figures showed on Wednesday.
Greece’s economic sentiment (ESI) fell by 10.1 points month-on-month in April to reach 99.3 points, European Commission (EC) figures showed on Monday.
The budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.
Greece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations making no progress.
In its regular rating cycle, S&P re-affirmed Greece’s credit score to ‘BB-‘, while it revised the outlook from positive to stable.
Greek household disposable income grew by 0.2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, decreasing from the rise of 3.5 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Fitch published on Thursday night a rating review for Greece outside its regular schedule in which the outlook for the country was revised from positive to stable, re-affirming the rating of ‘BB’ that it had granted in the end of January.
Greece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) full year results for 2019 revealed that revenue rose by 4 percent during the year.