Greece’s Manufacturing PMI improved for the second straight month in November, rising by 0.3 points to 49.1 from 48.8 in October, according to Markit.
Following a rise in the preceding seven months, Greek private sector deposits fell by 0.2 percent month on month (MoM) in October. Balances reached 164.5 billion euros, according to the Bank of Greece (BoG).
The Greek non-seasonally adjusted (NSA) GDP at constant prices posted a growth of 1.9 percent year on year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday.
The rate of credit contraction in Greece decelerated to 3.2 percent in October from 3.5 percent in September, according to the Bank of Greece (BoG). This was the lowest negative reading since December 2011.
After increasing in the preceding three months, the turnover of Greece’s retail trade index fell by 0.9 percent in September following a downward revised 4.4 percent rise in August, according to the Hellenic Statistical Agency (ELSTAT).
Greece’s economic sentiment rose for the second consecutive month in November, increasing to 102.7 from 102.2 in October, according to the European Commission (EC).
Hellenic Republic Asset Development Fund (HRADF) declared on Wednesday the Fraport AG–Slentel Ltd (subsidiary of Copelouzos group) consortium as the preferred of three bidders for the regional airports’ tender.
Piraeus Bank posted a net loss of 1.56 billion euros in the third quarter (Q3) of 2014 from a profit of 164.3 million in Q2, according to results published late on Tuesday.
Greece’s budget execution showed a primary surplus of 2.65 billion euros in the 10-month period, according to the final data released by the Ministry of Finance (MoF) on Tuesday.
Greece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August, according to the Hellenic Statistical Authority (ELSTAT).