Economy
Budget primary surplus grows in April thanks to one-off revenues and restricted spending
Greece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Wednesday.
Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
The Greek seasonally adjusted (SA) GDP at constant prices contracted quarter on quarter (QoQ) for the second successive quarter in Q1 of 2015, falling by 0.2 percent from 0.4 percent in Q4 2014, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT).
General gov't primary surplus halves in Q1, arrears and guarantees jump
The general government (gg) primary cash surplus more than halved to 1.19 billion in the first quarter (Q1) of 2015 from 2.45 billion last year, according the gg bulletin published by the Ministry of Finance (MoF).
Industrial production shoots up by 5 pct in March for highest rise since 2007
The Greek Industrial Production Index (IPI) advanced for the second successive month in March, at an accelerating rate of 5 percent in March after rising by 1.9 percent in February, according to the Hellenic Statistical Authority (ELSTAT).
Car sales soar by 47.2 pct in April for 20th straight monthly rise
Τhe number of road motor vehicles (going into circulation for the first time) soared at an accelerating pace for the third straight month in April, when it rose by 47.2 percent from 29.5 percent in March, according to the Hellenic Statistical Authority (ELSTAT).
Greek trade deficit rises by 6.9 pct in March after successive falls
After dropping by more than 20 percent in each of the preceding two months, Greece’s trade deficit rose by 6.9 percent in March, according to the Hellenic Statistical Authority (ELSTAT).
Greek CPI down by 2.1 pct in April
The Greek consumer price index (CPI) fell by 2.1 percent in April, similar to the decline in March, according to the Hellenic Statistical Authority (ELSTAT).
Athens Stock Exchange erases losses made since elections as mood improves
Greek shares rose for the second successive session on Thursday, when they climbed by 3 percent following a rise by 2.86 percent on Wednesday.
New fiscal measures aim to edge Greece closer to deal with lenders
Greece and its lenders appear to be progressing towards a deal after weeks of deliberations and disagreement, with Athens having reportedly agreed on a set of fiscal measures.