Macroeconomy
Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
Seasonally adjusted GDP grew by 0.4 percent quarter-on-quarter in the first quarter of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter.
Greek PMI rises to 49.6 in May as uncertainty continues to impact
Greece’s Manufacturing PMI rose by 1.4 points in May according to Markit, posting the ninth consecutive deterioration in Greek manufacturing sector conditions.
Slight rise of 0.3 pct in March retail sales after strong growth in February
The turnover of Greece’s retail trade index edged up by 0.3 percent in March, after revised double-digit growth of 11.2 percent in February, ELSTAT data showed on Wednesday.
Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
Economic sentiment fell by 1.7 points in May after improving cumulatively in the previous two months, European Commission figures showed on Tuesday.
Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
The pace of credit contraction in the Greek market further slowed to 0.9 percent in April from 1.3 percent in the previous month, Bank of Greece (BoG) figures showed on Monday.
Deposit flow turns negative again in April with outflows of 139 mln
The deposit flow in the Greek banking system turned negative again in April, with outflows of 139 million following inflows of 278 million in the previous month, Bank of Greece (BoG) figures showed on Monday.
Greek SMEs struggle most for finance versus eurozone peers
The latest ECB semi-annual survey on access to finance for eurozone enterprises showed that Greek SMEs continue to face some of the biggest hurdles.
Apartment prices decrease at a sharper pace by 1.8 pct in Q1
Apartment prices fell by 1.8 percent year-on-year in Q1 2017 following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece data showed on Thursday.
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
The budget primary surplus was 928 million euros above target on strong underspend, the Finance Ministry’s (MoF) final budget execution bulletin showed.
Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
Greece's travel receipts fell at a faster pace in March by 7.8 percent compared to February, Bank of Greece (BoG) figures showed on Tuesday.