Greece’s economic sentiment (ESI) edged up slightly by 0.5 points month-on-month in December to reach 91.5 points, European Commission (EC) figures showed on Thursday.
Net deposit movements in the Greek banking system were positive by 3.16 billion in November, up from inflows of 2.53 billion euros in October, Bank of Greece (BoG) figures revealed on Tuesday.
Credit movement in the Greek private sector rose by 2.6 percent in November after an increase of 2.5 percent in October, Bank of Greece (BoG) figures showed on Tuesday.
Greece’s manufacturing PMI rose to 46.9 points in December from 42.3 points in November, according to the latest data from Markit.
Greece’s retail sales index increased by 4.4 percent in October following a revised drop of 4.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
The fourth survey by the Hellenic Federation of Enterprises (SEV) on business expectations suggests that Greek firms have been seriously impacted by the Covid-19 crisis and, although, they would like more support, they are hopeful of recovering soon.
At the end of a challenging year for the banking sector, Greece’s systemic banks have continued their activity to reduce bad loans with a few days of 2020 left.
The budget primary balance recorded a deficit of 13.75 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the final Finance Ministry (MoF) budget execution bulletin for November showed on Monday.
Greece’s Public Debt Management Agency (PDMA) has issued its debt strategy for 2021, in which it outlines the significant achievements on the debt front during a tumultuous 2020 and its plan for new debt issuances in the next year.
Greece’s travel balance in October came to a surplus of 472.2 million euros from a surplus of 1.2 billion a year ago, a drop of 60.7 percent year-on-year (YoY).