Macroeconomy
Economic sentiment and consumer confidence climb in July after review conclusion
Greece’s economic sentiment (ESI) climbed by 4.2 points in July, after edging up by 0.8 points in the previous month, European Commission (EC) figures revealed on Friday.
Deposit inflows increase to 1.1 bln in June
The deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday.
Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln
The pace of credit contraction in the Greek market accelerated for the second successive month in June, reaching 1.3 percent, Bank of Greece (BoG) figures showed on Thursday.
Travel receipts edge up 1.7 pct in May on higher foreign arrivals
Greece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth recorded in April, Bank of Greece (BoG) data revealed on Monday.
Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
Disposable income edges down 0.1 pct in Q1
Greek household disposable income slipped by 0.1 percent in the first quarter (Q1) of 2017, after edging up by 0.1 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
Current account deficit rises by 124.3 mln in May
Greece’s current account (C/A) deficit increased by 124.3 million euros to 581.6 million in May from 457.3 million a year ago, Bank of Greece (BoG) figures showed on Friday.
Industrial turnover soars 19 pct in May for seventh successive month
Greece’s Turnover Index in Industry climbed at an accelerating pace by 19 percent in May, after a downward revised growth of 10 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Primary cash balance records deficit of 434 mln in first six months
Greece’s central government primary cash balance turned to a deficit of 434 million euros in the first six months of 2017 from a surplus of 2.76 billion last year, Bank of Greece (BoG) data revealed on Wednesday.
New overdue tax obligations reach 717 mln in May, total at 95.2 bln
Greece’s new tax debt eased slightly to 717 million euros in May from 754 million in April, the Independent Authority of Public Revenues (IAPR) data revealed.