Industrial turnover increases by 12.9 pct in November
Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
Travel balance for nine-month period shows surplus of 11.57 bln
Building activity increases by 16.4 pct in October
Budget primary surplus at 1.97 bln in 2017 on strong underspend
Net job hirings balance positive by 15,315 in December
Greek banks less reliant on Eurosystem funding in September
Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 1.4 billion euros in September, according to the BoG’s monthly financial statement. Monthly movement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB funding by 1.4 billion at 63.82 billion.
The outstanding balance stood at 72.78 billion euros at the end of September from 74.14 billion at the end of August reaching its lowest level since March 2010. Note that September was the fifth straight month recording a drop in Central Bank funding, w...
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