Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
Current account surplus at 842.3 million in June, assisted by services balance
Primary cash balance posts deficit of 46 mln at end of July
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
Budget primary surplus at 3.05 bln in 7-month, above target on underspend
Building activity up by 45.7 pct in May, highest since Dec 2005
Banks' reliance on Eurosystem funding eases for seventh straight month in Nov
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, marginally eased by 0.33 billion euros in November, according to the BoG’s monthly financial statement.
Monthly movement reflects an increase in ELA funding by 1.46 billion euros to 9.42 billion and a drop in ECB funding by 1.80 billion to 60.68 billion.
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