Greece’s central government primary cash surplus grew by 32.4 percent to 3.07 billion euros in the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday.
The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.
Greece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.
Greece’s new unpaid taxes resumed an accelerating trend growing by 645 million euros in August from 388 million in July, General Secretariat of Information Systems (GSIS) data showed on Monday.
Greek shares traded mostly on positive ground this week, with the Athens Stock Exchange general index recording gains of 3.5 percent.
The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Greece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed on Wednesday.
The Asset Quality Review (AQR) that is currently being conducted by the Single Supervisory Mechanism (SSM) of the ECB along with a stress test exercise will determine the capital needs of Greek banks that are due to be published in the second half of October.
After an improvement in the preceding two quarters, the evolution of the turnover indices for the services sector recorded a deterioration in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.