Economy
Current account deficit widens in March due to deteriorating goods trade balance
Greece’s current account (C/A) deficit accelerated to 1.5 billion euros in March, from 990.4 million in February, Bank of Greece (BoG) figures showed on Tuesday.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF highlights bailout shortcomings in latest admission of programme errors
A new internal evaluation document published by the International Monetary Fund on Monday can be added to the existing material that has been released by the IMF on Greece outlining what a formidable task the country faced in 2010 when it signed the first programme with the eurozone and the Washington-based organisation.
Hellenic Exchanges Q1 show net profits drop 50.7 pct on lower trade volume
Athens Stock Exchange’s (ATHEX) first quarter (Q1) results showed that group turnover fell by 14 percent year-on-year.
Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
Greece’s central government debt fell by 1.25 billion euros to 357.69 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2019, from 358.95 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Monday.
Industrial turnover drops by 6.7 pct in March
Greece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
Primary cash balance at surplus of 232 mln in Apr
Greece’s central government primary cash balance recorded a surplus of 232 million euros in the first four months of the year according to figures released by the Bank of Greece (BoG).
Athens warned about missing fiscal targets rather than changing them unilaterally
Thursday’s Eurogroup resulted in a warning from European Stability Mechanism managing director Klaus Regling that Greece may miss its primary surplus target this year as a result of the so-called positive measures adopted.
Eurosystem funding rises by 84 mln in Apr, ELA eliminated
Greek banks’ Eurosystem funding edged up by 84 million euros month-on-month (MoM) in April, the monthly Bank of Greece's (BoG) financial statement showed on Thursday.
Hellenic Petroleum adjusted net profits drop by 40 pct in Q1
Greece’s largest oil refinery, Hellenic Petroleum’s financial results for the first quarter (Q1) of the year show that the group’s net sales fell by 8 percent during the first three months of the year.
Banks focus on reducing NPLs linked to property
As Greece’s systemic banks enter their first quarter reporting cycle, what’s happening with their bad loan pile is one of the main performance indicators that observers are keeping their eyes on.