Macroeconomy
Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday.
January deposit movement negative by 1.55 bln
Net deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday.
Economic sentiment at 101.3 in Feb, retail trade improves while consumer confidence dips
Greece’s economic sentiment (ESI) rose by 1.7 points to 101.3 in February compared to a reading of 99.6 in January, European Commission (EC) figures revealed on Wednesday.
Budget primary balance confirmed at 729 mln in January
The budget primary balance was confirmed at a primary surplus of 729 million euros in the first month of 2019, beating the forecast by 832 million euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Tuesday.
Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
Greece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown.
Primary cash surplus at 735 mln in Jan on expenditure and interest payment rise
Greece’s central government primary cash surplus fell by 1.95 billion euros year-on-year (YoY) to 735 million in January, Bank of Greece (BoG) figures showed on Wednesday.
December current account deficit at 1.51 bln and 5.28 bln for 2018
Greece’s current account (C/A) balance recorded a deficit of 1.51 billion euros in December compared to a deficit of 1.47 billion in November, Bank of Greece (BoG) figures showed on Wednesday.
Central government debt increases by 2.91 bln to 358.95 bln in Q4
Greece’s central government debt rose by 2.91 billion euros to 358.95 billion euros quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2018, from 356.03 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
Industrial turnover falls by 0.9 pct in December for first negative reading of 2018
Greece’s industrial turnover fell by 0.9 percent year-on-year (YoY) in December after a revised increase of 7.5 percent in November, Hellenic Statistical Authority (ELSTAT) data published on Tuesday showed.
New overdue taxes rise by 1.25 bln in Dec, total for 2018 at 106.62 bln
The month-on-month rise in Greece's new tax debt came to 1.25 billion in December, increasing from November’s figure of 857 million data from the Independent Authority of Public Revenues (IAPR) showed this week.