Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG).
Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement.
The non-seasonally-adjusted unemployment rate remained unchanged quarter on quarter in Q1 of this year at 27.8 percent in Q1 but rose slightly from the 27.6 percent posted in Q1 2013, according to the Hellenic Statistical Authority (ELSTAT).
Building permits in Greece continued heading south, although at a decelerating pace, falling by 16 percent in March from 20.7 percent in February, according to the Hellenic Statistical Authority (ELSTAT).
Greece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from a primary deficit of 970 million in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Thursday.
The Bank of Greece (BoG) published a report on Wednesday titled “The Chronicle of the big Crisis,” outlining the critical actions the BoG took between 2008 and 2013.
The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT).
This is the eleventh negative reading over the past 16 months.
The Hellenic Statistical Authority (ELSTAT) said on Tuesday that the Consumer Price Index (CPI) fell 2 percent in May, which was a faster pace compared to the preceding months.
Greek non-seasonally-adjusted GDP contracted 0.9 percent year on year (YoY) in the first quarter of 2014 from -2.3 percent posted in Q4 2013, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
The growth in the number of road motor vehicles (going into circulation for the first time) accelerated to 48.7 percent in May from 9.1 percent in April, according to the Hellenic Statistical Authority (ELSTAT).