Economy
Industrial turnover jumps 18.6 pct in March vs last year's lockdown
Greece’s industrial turnover increased 18.6 percent from a year earlier in March, compared with a revised drop of 2.6 percent in February.
Primary cash balance deficit at 6.14 bln in April
Greece’s central government recorded a primary cash balance deficit of 6.14 billion euros in the first four months of the year, according to figures released by the Bank of Greece.
Central government debt rises 6.79 bln to 380.8 bln in Q1
Greece’s central government debt increased by 6.79 billion euros to 380.8 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021, from 374 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
The employment balance was positive with 33,210 more hirings than people leaving their jobs in April, data from the Labour Ministry’s Ergani information system showed.
Apartment prices rise 3.2 pct in Q1
The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter (Q1) of 2021 from a revised increase of 2.5 percent in Q4 2020, Bank of Greece (BoG) data showed on Tuesday.
Updated privatisation plan seeks to make up for ground lost in 2020
Greece’s asset development fund (HRADF) released its updated development plan on Monday, which outlines the latest information on the 23 projects that the fund is engaged in.
Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows
The budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Monday.
Unemployment at 16 pct in January
Greece’s seasonally adjusted (SA) unemployment rate increased to 16 percent in January from a revised 15.6 percent from December, Hellenic Statistical Authority’s (ELSTAT) data showed on Monday.
Car sales more than treble in April from depressed level last year
Road motor vehicles going into circulation for the first time jumped 361 percent in April compared to an increase of 98.5 percent in March, Hellenic Statistical Authority (ELSTAT) data showed.
EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February.