Greece's travel receipts advanced for the fifth straight month, albeit at a much slower growth rate, by 4.6 percent to 993 million euros in October, according to the Bank of Greece (BoG).
Greece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin.
Greece’s unpaid taxes jumped to 1.59 billion euros in November from 1.22 billion in October, according to data released on Monday by the General Secretariat of Information Systems (GSIS).
After posting a surplus in the preceding four months, Greece's current account (C/A) balance turned negative in October with a deficit of 199 million euros, according to the Bank of Greece (BoG).
In an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus.
The non-seasonally-adjusted unemployment rate eased again in the third quarter (Q3) of 2014, falling to 25.5 from 26.6 percent in Q2 and 27.2 percent in Q3 2013, according to the Hellenic Statistical Authority (ELSTAT).
The German Parliament (Bundestag) is expected to approve on Thursday the extension of the Greek bailout programme by two months, according to press reports.
The Bank of Greece (BoG) expects GDP to expand by 0.7 percent in 2014 and further by 2.5 percent in 2015, according to the 2014 Interim Monetary Policy report.
Following a meeting with the Prime Minister Antonis Samaras yesterday, the Finance Minister Gikas Hardouvelis outlined to reporters the timeline for the completion of the current long-lasting troika review.
The seasonally adjusted Wages Index rebounded 2.1 percent in the third quarter (Q3) of 2014 after falling by 0.8 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).