Economy
Budget primary shows deficit of 13.75 bln in November
The budget primary balance recorded a deficit of 13.75 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the final Finance Ministry (MoF) budget execution bulletin for November showed on Monday.
PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
Greece’s Public Debt Management Agency (PDMA) has issued its debt strategy for 2021, in which it outlines the significant achievements on the debt front during a tumultuous 2020 and its plan for new debt issuances in the next year.
Travel surplus up to Oct down by 78.2 pct as receipts plummet
Greece’s travel balance in October came to a surplus of 472.2 million euros from a surplus of 1.2 billion a year ago, a drop of 60.7 percent year-on-year (YoY).
Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
Greece’s current account (C/A) balance in October posted a deficit of 767.4 million euros, up from a deficit of 498.8 million in September, according to a Bank of Greece (BoG) release on Monday.
Greece maintaining investors' interest, EY survey finds
A survey by Ernst & Young (EY) following up from their Attractiveness Survey Europe 2020 earlier in the year has found that investment interest in Greece for the post-pandemic period remains steady.
Industrial turnover drops by 14.4 pct in October
Greece’s industrial turnover fell by 14.4 percent year-on-year (YoY) in October compared to a drop of 10.7 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Primary cash balance deficit at 13.45 bln in November
Greece’s central government primary cash balance recorded a deficit of 13.45 billion euros in the first eleven months of the year according to figures released by the Bank of Greece (BoG).
Unemployment at 16.2 pct in Q3
The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the third quarter (Q3) of the year, dropping from a rate of 16.7 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
The budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for November showed on Wednesday.
Loans under credit servicing firms rise by 6.8 pct QoQ to 32.98 bln
The Bank of Greece’s (BoG) released statistics for the third quarter (Q3) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece.