The interest rate on households’ new time deposits slipped by 5 basis points (bps) to 2.08 percent in September, according to the Bank of Greece (BoG). This was the lowest month on month drop since March.
Greece’s economic sentiment improved in October for the first time since June. It reached 102.2 from 99.3 in September, according to the European Commission (EC).
In its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU).
Greek private sector deposits increased for the seventh successive month by 0.3 percent month on month (MoM) in September, with balances reaching 164.75 billion euros, according to the Bank of Greece (BoG).
The rate of Greek credit contraction remained at 3.5 percent in September, unchanged from the previous month, according to the Bank of Greece (BoG).
Greek household disposable income fell by 4.3 percent year on year (YoY) in the second quarter (Q2) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT).
Greece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT).
Greece's travel receipts grew by 10.3 percent in August from 14.4 percent in July, marking the third successive monthly increase, according to the Bank of Greece (BoG).
Greece's current account (C/A) balance recorded a surplus for the third successive month in August. It reached 1.82 billion euros, which is 50.4 percent year on year (YoY), according to the Bank of Greece (BoG).
After peaking at 1.42 billion euros in August, the monthly rate of Greece’s unpaid taxes dropped to 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.