Macroeconomy
Travel balance up by 81.4 pct in November, foreign arrivals increase
Greece’s travel receipts increased by 81.4 percent year-on-year in November, compared to a rise of 14.2 percent noted in October, Bank of Greece (BoG) data revealed on Tuesday.
Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
Greek banks’ Eurosystem funding rose by around 786 million euros in December, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
November current account deficit at 954 mln, goods balance improves
Greece’s current account (C/A) balance recorded a deficit of 954 million euros in November, deepening from the deficit of 624.1 million euros recorded in October, Bank of Greece (BoG) figures showed on Monday.
Industrial turnover increases by 12.9 pct in November
Greece’s industrial turnover grew by 12.9 percent in November after October’s figure was upwardly revised to 11.6 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.
Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
Greece’s central government primary cash balance landed at a deficit of 877 million euros for the full year up to December 2017, compared to a surplus of 1.95 billion euros for 2016, Bank of Greece (BoG) data revealed on Thursday.
Travel balance for nine-month period shows surplus of 11.57 bln
The balance of travel services came to a surplus of 11.57 billion euros for the nine months of 2017 according to figure released by the Bank of Greece (BoG).
Building activity increases by 16.4 pct in October
Building permits rose by 16.4 percent in October, reversing September’s decline of 3 percent, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Budget primary surplus at 1.97 bln in 2017 on strong underspend
The budget primary balance recorded a surplus of 1.97 billion euros in 2017, down by 29.2 percent against the figure for 2016 which stood at 2.78 billion, MoF preliminary budget execution bulletin showed on Monday.
Net job hirings balance positive by 15,315 in December
The employment balance returned to positive territory in December as hirings outpaced departures by 15,315, data from the Labour Ministry’s Ergani information system revealed on Monday.
CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
Greece’s Consumer Price Index (CPI) rose by 0.7 percent in December, slowing from November’s growth of 1.1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday.